Covered perils is a common term used to reference a specific cause resulting in damage or injury that is covered by insurance.
Frequently used examples of covered perils are:
- Fire and smoke
- Lightning strikes
- Windstorms and hail
- Vandalism and malicious mischief
- Damage from an aircraft, car or vehicle
- Falling objects
- Weight of ice, snow or sleet
- Water damage (such as pipe burst etc.)
Other specific examples may also be considered covered perils depending on your insurance company’s own guidelines.
By Alice Yao |