Tag: Peril

  • What Is An Insurance Peril?

    What Is An Insurance Peril?

    An insurance peril is often defined as a situation or incident that causes harm to property. Examples of perils include windstorms, fires, power surges, and falling objects. Insurance providers specify the perils they protect against and those they do not. Typical covered perils include lightning strikes, hail damage, and vandalism. However, understanding perils is important…