Insurance coverage refers to the extent of protection provided by an insurance policy. It outlines what risks or events are covered by the policy, and to what extent the insurance company will cover the cost of any losses or damages resulting from those risks. 

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For example, an auto insurance policy may provide coverage for damage to the insured vehicle in the event of an accident, as well as liability coverage for damages to other vehicles or property, or injuries to other people. The coverage may be limited to a specific amount, such as $50,000, which represents the maximum amount the insurance company will pay for any one incident.

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Insurance coverage can also be subject to deductibles, which represent the amount the policyholder must pay out-of-pocket before the insurance coverage kicks in. For example, a homeowner's insurance policy may have a $1,000 deductible, which means that the policyholder must pay the first $1,000 of any covered loss, and the insurance company will cover the remaining cost up to the policy limit.

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Overall, insurance coverage is the protection provided by an insurance policy against specific risks or events, subject to the terms and conditions of the policy.