Definition of "Blanket rate"

Ginger Wassum real estate agent
Ginger Wassum, Real Estate Agent Weichert Realtors

Premium charged (and applied on a uniform basis) for property insurance covering properties at multiple locations. This rate is used under a blanket insurance policy instead of using a specific rate for each location or type of property.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions