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Homeowners Insurance FAQ #6: What Is The Difference Between An All Risks Policy And A Named Perils Policy?

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Homeowners Insurance FAQ #6: What Is The Difference Between An All Risks Policy And A Named Perils Policy?

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An all risks policy will cover all events except what is specifically excluded in the policy. A named perils policy covers only the events that are specifically listed on the policy. Typically you’ll see that the property section will be a named perils policy and liability will be an all risks.

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