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

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

    Open peril policies shift the burden of proof to the insurance company. HO-3 home insurance policies cover your dwelling and other structures on your property under open perils coverage, and HO-5 ...

  3. HO-2 homeowners insurance policies

    www.aol.com/finance/ho-2-insurance-194603218.html

    An HO-2 policy is a type of homeowners insurance that only covers damages caused by perils specifically named in your policy. An HO-2 typically covers 16 named perils, including damage from fire ...

  4. Types of homeowners insurance - AOL

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

    The exterior of your home is covered under an open perils policy, which covers any situation that is not explicitly stated in your insurance policy. However, HO-7 policies cover your personal ...

  5. Property insurance - Wikipedia

    en.wikipedia.org/wiki/Property_insurance

    An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...

  6. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Home insurance in the United States may differ from other countries; for example, in Britain, subsidence and subsequent foundation failure is usually covered under an insurance policy. [7] United States insurance companies used to offer foundation insurance, which was reduced to coverage for damage due to leaks, and finally eliminated ...

  7. 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 ...

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