Special Extended Coverage


Definition of "Special extended coverage"

Endorsement to a property insurance policy providing all risks coverage for insured property. Excluded properties include residences, farms, and manufacturing properties. This endorsement is generally used for property that does not qualify for a packaged form such as the standard multiperil policy.



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If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is a subdivision? What is a basic policy? What is underwriting? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase?