What is a blanket endorsement?

A blanket endorsement is characterized by its coverage options that do not specify individual properties. Instead, it provides a single limit of coverage for a group of properties or a category of personal property. This approach offers flexibility and simplicity for the policyholder, as it allows for coverage across multiple items or locations without needing to list each one specifically.

For example, a blanket endorsement might cover all personal belongings within a certain category, such as all household contents or all electronics, up to a specified limit. This can be particularly beneficial for customers who own multiple similar items or have properties at various locations, as it reduces the need for detailed record-keeping and itemization.

Understanding this concept is crucial when navigating personal property coverage, as it highlights the convenience blanket endorsements offer compared to policies that require specific items to be named for coverage.