Open Peril

Open Peril coverage (sometimes called All-Risk) is the most comprehensive type of protection available. Instead of listing what is covered, it covers *every* possible cause of loss unless it is specifically listed in the Exclusions section. On an HO-3 policy, your home’s structure is protected by Open Peril coverage. This is highly beneficial because it shifts the ‘burden of proof’ to the insurance company; they must prove a loss is excluded to deny your claim.