Today’s Blanket Policies and the Underinsured Property Problem

underinsured property can mean big losses in the case of a flooding event

Once upon a time (or before 2008), when an organization wanted to insure their full property portfolio, they could streamline their insuring process and secure more complete coverage by getting a true blanket insurance policy. This blanket policy was a single property insurance policy that either covered multiple locations, different types of property at the same location, […]