Which type of coverage limits apply to an insured's property at any location?

Blanket coverage refers to a type of insurance that provides coverage for multiple properties or locations under a single limit, without specifying which item or location is covered or the individual amounts for each. This means that if an insured has property at different locations, blanket coverage applies to all that property collectively, giving them flexibility in using the total limit to cover losses from any single location.

This type of coverage is especially beneficial for policyholders with multiple properties, as it simplifies the management of coverage and claims. In contrast, other types of coverage, such as specific, scheduled, or aggregate, have limitations or requirements that apply strictly to individual items or quantities, which wouldn’t allow for as much versatility in coverage across multiple locations.