If you own your home, check whether you have a named perils or
open perils homeowners insurance policy, and if fire damage is covered.
Not exact matches
Most
homeowners insurance policies cover an «
open peril» list.
Some
homeowners insurance may cover named
perils while some may be
open perils policy.
HO - 3's hazard insurance — the part of a
homeowners policy that covers damage to your home's structure — insures against damage from «
open perils.»
Open perils — this type of
homeowners insurance will cover all loss except for those specifically listed as excluded from coverage within the policy.