Which describes blanket coverage?

Blanket coverage refers to an insurance policy feature that allows multiple properties to be covered under a single insurance limit. This means that rather than purchasing separate policies for each individual property, the insured can have a single policy that provides coverage to various properties collectively.

This type of coverage is particularly beneficial for businesses or individuals who own or manage multiple locations or assets, as it simplifies the management of insurance and often offers more flexible coverage options. If one of the properties undergoes a loss, the coverage limit can be adjusted to cover the loss without needing to have a separate policy for each asset.

The other options do not align with the concept of blanket coverage. For instance, blanket coverage does not restrict itself to a single property type nor does it require separate policies for different types of properties. It is also not limited to covering damages only under all circumstances; rather, it encompasses various risks associated with multiple properties.