Those package policies bundled coverage for a wide variety of causes of loss, or
named perils into one policy, for one price.
Those package policies bundled coverage for a wide variety of causes of loss, or
named perils into one policy, for one price.
Not exact matches
If you drive your bicycle
into a tree, for example, and your policy is specified
perils or
named perils, as we discussed above, then the damage to the bicycle may not be covered.
A homeowners policy may help protect your watercraft and related equipment such as furnishings and trailers (typically up to $ 1,000 if the loss is caused by a
named peril, such as theft), but if you have a boat insurance policy that includes coverage for both your boat and the boat trailer, that would come
into play first.
Renters insurance will cover what's inside your unit from «
named perils,» or damages exclusively written
into your policy.