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  2. What Is a homeowners insurance peril and how does it work? - AOL

    www.aol.com/finance/homeowners-insurance-peril...

    HO-3 home insurance policies cover your dwelling and other structures on your property under open perils coverage, and HO-5 policies cover both your home and personal property for open perils.

  3. Guide to homeowners insurance - AOL

    www.aol.com/finance/guide-homeowners-insurance...

    A homeowners insurance policy is designed to provide you with financial protection from a variety of damage-causing events, also called perils. Exactly what homeowners insurance covers and which ...

  4. What is homeowners insurance and how does it work? - AOL

    www.aol.com/finance/homeowners-insurance-does...

    Key takeaways. Homeowners insurance offers financial protection if your property is damaged by a covered peril. Home insurance usually covers your home's physical structure, other structures on ...

  5. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Together with an open peril, a.k.a. "special form" policy, these two groupings of named perils allow the insurer to offer a choice among three types of policy, with three levels of coverage, which can be priced in a fair and accurate manner and appeal to a variety of resident homeowners as well as owners of apartment buildings and condominium ...

  6. How to read a homeowners insurance policy

    www.aol.com/finance/read-homeowners-insurance...

    An HO-2 is a step above the HO-1, as it covers your home and personal belongings for named perils. The most common type of homeowners insurance is the HO-3, which covers your home and detached ...

  7. There are eight types of homeowners insurance policies offered by most providers to choose from, and each either has a named perils approach or an open perils approach.

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