A standard homeowners insurance policy lists the following 16 events as named policy perils: Different types of home insurance policies cover perils in different ways, depending on how coverage is ...

This means it covers your house and personal belongings under all circumstances except those listed as exclusions in the policy. While HO-3 covers personal property on a named-perils basis ...

There are two types of perils: named perils and open perils. Named perils are damages listed in your policy. A homeowners insurance policy has 16 named perils. A few common perils are fire ...

The company reported increasing its dwelling/fire policy count by 24,682 between ... value — coverage for damage from a few “named perils” such as fire, lightning or internal explosions.