The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BLOCK LIMIT Definition & Legal Meaning

Definition & Citations:

The maximum amount of INSURANCE an INSURER is willing or able to UNDERWRITE in a given metropolitan city block. Block limits are often used in areas that are deemed susceptible to CATASTROPHIC HAZARDS such as earthquakes or hurricanes. See also BLANKET LIMIT.

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