One of the recommendations we usually make to schools with more than one location is for them to add blanket coverage to their property insurance.   As many charter schools don’t have this coverage or know what it is, we thought we would provide insight into how this coverage can help your school.

Blanket insurance allows you to use one limit of insurance across multiple locations. There are two situations where this usually applies to charter schools:

1. If your charter school has multiple campuses with many buildings, then blanket insurance will make covering all facilities much more accessible.
2. Suppose your charter school has the property that you move between campuses frequently. In that case, it is much easier to have a blanket insurance limit rather than adjusting your insurance limits to account for the fluctuations in the property.

A blanket property insurance policy may be ideal if your school has multiple locations or buildings that need to be insured.

However, any blanket policy needs to be evaluated on a case-by-case basis. So working with a knowledgeable agent who can customize coverage to your needs is essential.

One of the most significant benefits of blanket insurance is that it can usually be added to your policy for no additional premium.

If you would like to learn more about blanket insurance and whether your charter school needs coverage, please get in touch with our office.