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terminal coverage

Terminal Coverage (IH 00 72) covers damage to vehicles garaged or stored at a common location sometimes included in a property insurance policy or inland marine floater.

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terminal coverage

Terminal Coverage (IH 00 72) covers damage to vehicles garaged or stored at a common location sometimes included in a property insurance policy or inland marine floater.

Additional Information


This coverage is purchased by organizations that otherwise self-insure automobile physical damage exposures but desire to protect against a catastrophic loss affecting a number of vehicles garaged or stored together.

Synonyms

IH 00 72