A: There's a fundamental difference between "Open" and "Named" perils coverage: Open Perils provides insurance coverage for any reason not explicitly excluded. Named Perils provides coverage only for those perils listed in the policy, such as fire, theft, falling objects and vandalism.
Q: What is the difference between open and named perils when it comes to homeowners insurance coverage?
Q: What is the difference between open and named perils when it comes to homeowners insurance coverage?
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Written by Hippo. Updated over a week ago
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