Difference In Conditions (DIC) Coverage

DIC insurance provides coverage designed to close specific gaps in standard insurance policies and is usually only available for larger industrial or commercial risks. It allows coverage to be customized to extend to such exposures as water damage, flood, collapse, earthquake, landslide, etc., according to the insured’s needs. DIC coverage may be provided by means of a separate insurance policy or it may be added by endorsement to the basic policy.