Washington State Insurance Practice Exam 2026 – Comprehensive All-in-One Guide to Exam Success!

Question: 1 / 400

What is a common advantage of blanket insurance compared to specific insurance?

Lower deductibles

Simplified payment structures

Single property coverage

Coverage across multiple locations or items

Blanket insurance typically offers coverage across multiple locations or items under a single policy, making it advantageous for businesses or property owners who have diverse assets to insure. This contrasts with specific insurance, which provides coverage for individual properties or items separately. Therefore, the ability of blanket insurance to cover a range of properties or assets under one policy is a key advantage that simplifies the insurance process for the policyholder.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy