What does Maximum Coverage mean? Read on to discover the definition & meaning of the term Maximum Coverage - to help you better understand the language used in insurance policies.
Maximum coverage is the most coverage an insurance company will provide during a specific period. If a policyholder needs coverage beyond this amount, then they would have to pay out-of-pocket or use an alternative form of insurance. Maximum coverage details are laid out in insurance policies so policyholders can fully understand how much coverage they have.
We hope the you have a better understanding of the meaning of Maximum Coverage.