Your home insurance policy type will determine whether or not your dwelling and personal property are covered on a named or open peril basis. Generally, perils are covered as: The policy you ...

Unlike HO-1 and HO-2, which only provide coverage for specific, named perils, HO-3 home insurance policies cover your dwelling and other structures on your property under open perils coverage.

If you have a named perils policy, your jewelry would be covered if the cause was listed in your homeowners insurance policy. If you have an open perils policy, your jewelry would be covered under ...

When it comes to insurance for your physical property, you want to make sure to get a policy written on an all-risk basis rather than on a named-peril basis. While the latter only covers the ...