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










Consumers putting their money in different places now

Insurance News

Consumers putting their money in different places now

A recent report from credit giant TransUnion took a look at where people are now putting their money and had some interesting findings. Read more



Insurance Tips

Always avoid late payments

It happens to everyone at some point in life. As soon as you know you can't cover all of the bills due, make a priority list. Read more



Insurance FAQs



you are here ›› homeglossaryinsurance
Insurance Glossary