Perils Archives

Understanding the Difference Between Special, Broad, and Basic Perils on a Homeowners Policy

Overhead view of a spiral notebook with a yellow sticky note reading “What’s Covered?” surrounded by colorful labels: Endorsements, Exclusions, Deductible, Perils, Limits, Discounts, and a pen resting nearby.

When purchasing homeowners insurance, one of the most critical decisions is choosing the type of peril coverage for your dwelling. The three primary types—Basic Perils, Broad Perils, and Special Perils—determine what risks your policy covers. Understanding these options is essential for selecting the right coverage to protect your home against potential damage. In this post,ContinueContinue reading “Understanding the Difference Between Special, Broad, and Basic Perils on a Homeowners Policy”

Understanding Personal Property Coverage: Basic, Broad, and Special Perils Explained

Man and woman taping and packing cardboard boxes in a bright living room

When choosing a homeowners insurance policy, it’s important to understand how perils—specific risks that can cause damage or loss—are covered. Coverage for personal property, or the belongings inside your home, depends on whether your policy uses Special, Broad, or Basic Perils. Each type of peril coverage determines which risks are covered and directly impacts theContinueContinue reading “Understanding Personal Property Coverage: Basic, Broad, and Special Perils Explained”