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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. Types of homeowners insurance - AOL

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

    Whether your homeowners insurance is named peril or open peril depends on the policy type you purchase. As a policyholder, you are generally not able to amend the policy terms, but you may be able ...

  4. 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 ...

  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. 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 ...

  7. Home insurance - Wikipedia

    en.wikipedia.org/wiki/Home_insurance

    Prior to the 1950s there were separate policies for the various perils that could affect a home. A homeowner would have had to purchase separate policies covering fire losses, theft, personal property, and the like. During the 1950s policy forms were developed allowing the homeowner to purchase all the insurance they needed on one complete policy.

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