Policy Terms

Peril

A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or windstorm.

Perils are the specific causes of loss that insurance policies cover. Common perils include fire, lightning, windstorm, hail, theft, and vandalism.

The maximum amount an insurance company will pay for a covered loss under your policy.

Specific conditions, circumstances, or types of losses that are not covered by an insurance policy.

Our network of specialists can help you understand your coverage options and find the right protection for your high-risk property.