automatic coverage


automatic coverage
noun
: insurance that provides automatic adjustment of amount to correspond with fluctuating property values

Useful english dictionary. 2012.

Look at other dictionaries:

  • coverage — In insurance, amount and extent of risk contractually covered by insurer. The assumption of risk of occurrence of the event insured against before its occurrence. Continental Ins. Co. v. Paccar, Inc., 26 Wash.App. 850, 614 P.2d 675, 684. @… …   Black's law dictionary

  • coverage — In insurance, amount and extent of risk contractually covered by insurer. The assumption of risk of occurrence of the event insured against before its occurrence. Continental Ins. Co. v. Paccar, Inc., 26 Wash.App. 850, 614 P.2d 675, 684. @… …   Black's law dictionary

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