Coverage
/KUV-uh-rij/
The protection provided by your insurance policy.
Definition
Coverage refers to the scope of protection your insurance policy provides. It includes what events, damages, or losses are insured and up to what limits. Different types of coverage protect against different risks, such as liability coverage for damages you cause to others or collision coverage for damage to your own vehicle.
Example
Her policy provides comprehensive coverage, protecting against theft, vandalism, and natural disasters.
More General Terms Terms
The amount you pay for your insurance policy.
The amount you pay out-of-pocket before insurance kicks in.
The contract between you and your insurance company.
A request for payment under your insurance policy.
The maximum amount an insurer will pay for a covered loss.
Something your insurance policy specifically does not cover.
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