Paying an extra premium amount to have the main policy's limit for a particular category of personal property increased leaves your coverage on an open perils basis rather than changing it to named-perils.

Question

Quizplus · Accepted Answer

Increasing the policy limit for a category of personal property does not change the type of coverage from named-perils to open perils; it only increases the coverage amount.

Paying an Extra Premium Amount to Have the Main Policy's