A #peril in #insurance is any event or circumstance that can cause a loss or damage to property. Common examples of perils include fire, theft, vandalism, and natural disasters like hurricanes or earthquakes. Insurance policies typically specify which perils are covered and which are excluded.

For instance, a standard #homeowners insurance policy might cover perils such as fire and theft but exclude perils like flooding or earthquakes unless additional coverage is purchased.

Do you have any specific questions about perils or how they are covered in #insurancepolicies?

Sincerely,

Harpreet Singh, Most lovable ❤️ Insurance Broker in Ontario

Phone – 6476217890

Email – insurancechampion@outlook.com

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