Named Perils

Insurance coverage that protects against all causes of loss except those specifically excluded in the policy, providing broader protection than named perils coverage. Also called 'open perils' coverage.

An unexpected event or circumstance without deliberate intent that results in injury, damage, or loss.

The scope of protection provided under an insurance policy, including the types of losses and risks that are covered.

The amount you must pay out-of-pocket before your insurance coverage begins to pay for covered losses.

Specific conditions, circumstances, or types of losses that are not covered by an insurance policy.