Prepare for the Washington State Insurance Exam. Study with interactive flashcards and multiple-choice questions. Each question offers hints and explanations to help you succeed.

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What does blanket insurance provide coverage for?

  1. Coverage for multiple classes of property at multiple locations

  2. Coverage for specific items of property only

  3. Coverage for vehicles only

  4. Coverage for a single piece of property only

The correct answer is: Coverage for multiple classes of property at multiple locations

Blanket insurance provides coverage for multiple classes of property at multiple locations. This means that with blanket insurance, a policyholder can insure different types of property, such as buildings, equipment, and inventory, at various locations under one policy. This type of coverage is particularly useful for businesses that have diverse assets spread across different places. Options B, C, and D are incorrect because they do not capture the broad coverage scope provided by blanket insurance. Option B specifies coverage for specific items of property only, option C mentions coverage for vehicles only, and option D refers to coverage for a single piece of property only.