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  2. HO-2 homeowners insurance policies

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

    Key takeaways. 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 ...

  3. 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.

  4. Guide to homeowners insurance - AOL

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

    At its most basic level, home insurance provides financial protection against various perils, or damaging events, that may affect your home, such as theft, fire and storms. Taken further, it also ...

  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. Extended coverage - Wikipedia

    en.wikipedia.org/wiki/Extended_coverage

    Extended coverage is a term used in the property insurance business. All insurance policies have exclusions for specific causes of loss (also called "perils") that are not covered by the insurance company. An extended coverage endorsement (EC) was a common extension of property insurance beyond coverage for fire and lightning.

  7. Difference in conditions insurance - AOL

    www.aol.com/finance/difference-conditions...

    Similar to HO-3 or HO-5 policies, DIC insurance can be a named peril or all-risk policy. Homeowners usually look for coverage for at least one of the following perils: Earthquake. Flood. Landslide ...

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