What is covered by the “blanket limit” of insurance in my General Liability policy?

by Pamela Mason

Blanket Limit of Insurance is a way to combined all of your property limits into one. The advantage of this is that you have access to the entire limit to be allocated to any claim. So if, for example, a specific building limit was not adequate, you could use the entire Blanket Limit for a loss to that building. This is a good way to ensure adequate limits, without buying more insurance.