There are also
multiple optional coverage options available such as specified
perils, which
covers losses against named risks such as fire or theft, or comprehensive, which protects you against specified
perils as well as damage to your vehicle caused by fire, theft and vandalism.
That would mean that a piece of the balcony which came through the wall could render all damage caused by the balcony collapse as
covered under this
peril, because the balcony itself is arguably the falling object as a whole, even though it fell in
multiple pieces.