Extended coverage

Extended coverage,

Definition of Extended coverage:

  1. An extension of a current insurance plan that provides for losses outside of the normal circumstances that the original insurance plan covers. The plan must be purchased in addition to another insurance plan and will not solely cover all possible losses. For example, standard renters insurance may not cover flood damage, so a person may purchase extended coverage so that he or she is covered under all possible scenarios.

Meaning of Extended coverage & Extended coverage Definition