Extended Coverage
Plain English Definition: Extended coverage refers to additional insurance protection that goes beyond the basic policy coverage.
What Extended Coverage really means for someone with an insurance policy
Extended coverage includes extra protection against risks not covered by standard insurance policies. This can include damages from natural disasters, theft, or specific liabilities.
Extended Coverage Real World Examples
- Adding earthquake insurance to a homeowner’s policy.
- Including rental car damage coverage in an auto policy.
- Purchasing additional coverage for high-value items like jewelry.