Home & Property
Blanket Personal Property
A single policy limit covering all personal property in aggregate, rather than item-by-item sub-limits.
Last reviewed: May 2026 · Editorial methodology
Definition
Blanket personal property coverage sets one overall dollar limit — for example, $150,000 — that applies to all contents collectively, rather than capping specific categories like jewelry, silverware, or electronics individually. This gives policyholders flexibility because the full limit can be applied to any combination of losses rather than running into per-category caps. The trade-off is that blanket coverage may settle claims on an actual cash value basis unless a replacement-cost endorsement is added. Blanket coverage is common in commercial property policies and high-net-worth personal-lines programs. In standard homeowners (HO-3 and HO-5) policies, personal property is already broadly covered under Coverage C, but specific sub-limits for valuables still apply — making scheduled floaters or blanket endorsements necessary for significant collections. Business owners who work from home should note that blanket personal property usually excludes business equipment above a small sub-limit.
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Cover Forge USA Editorial Team
Editorial Lead
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed 2026-06-14
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