Definitions

All Perils

Posted in: Insurance

define: All Perils

Also known as “Open Perils” or “All Risk.” All perils home insurance provides coverage for “all direct physical loss” to covered property, unless the loss is specifically excluded in the exclusions section of the policy. Contrast with “Named Perils” homeowners coverage.




Comment on this Entry








you are here ›› homeglossaryinsurance
Insurance Glossary