{"id":208,"date":"2023-09-26T04:00:00","date_gmt":"2023-09-25T22:00:00","guid":{"rendered":"https:\/\/www.highpointeins.com\/blog\/?p=208"},"modified":"2023-09-27T01:50:21","modified_gmt":"2023-09-26T19:50:21","slug":"perils-options-when-purchasing-home-insurance","status":"publish","type":"post","link":"https:\/\/www.highpointeins.com\/blog\/perils-options-when-purchasing-home-insurance\/","title":{"rendered":"Perils Options When Purchasing Home Insurance"},"content":{"rendered":"

When you contact HighPointe Insurance Services LLC for homeowners insurance, you might think there’s just one type, but you have four choices: HO-1, HO-2, HO-3, and HO-8 coverage.<\/p>\n

What makes the four homeowners insurance options so different? Each level of insurance covers a different number of perils.<\/p>\n

What’s an insurance peril?<\/strong><\/h2>\n

The term peril refers to natural and human-induced hazards. Examples of perils include fire, tornado, hurricane, and vandalism. Insurance policies cover specific perils, so if you need to cover a variety of situations that threaten Overland Park, KS frequently choose a policy with a higher peril coverage level.<\/p>\n

Guide to Homeowners Policy Options<\/strong><\/h2>\n

In Kansas, tornados occur with some frequency. Droughts and floods also happen with some climatic regularity. That doesn’t mean that completes the list of potential perils you need a policy to cover. Here’s a quick guide to home policies to cover homeowners.<\/p>\n

HO-1<\/strong><\/h3>\n

An HO-1 policy covers 11 specific perils only. This named-peril policy includes:<\/p>\n

    \n
  • Aircraft crash<\/li>\n
  • explosion<\/li>\n
  • Fire and lightning<\/li>\n
  • Glass that’s part of the home, such as windows<\/li>\n
  • Riots and civil commotion<\/li>\n
  • smoke<\/li>\n
  • theft<\/li>\n
  • Vandalism and malicious mischief<\/li>\n
  • Vehicle collision<\/li>\n
  • Volcanic eruptions<\/li>\n
  • Windstorms and hail.<\/li>\n<\/ul>\n

    Very few companies still offer this limited coverage.<\/p>\n

    HO-2<\/strong><\/h3>\n

    An HO-2 policy also offers only named peril coverage. It covers all the perils of an HO-1 policy, plus the following:<\/p>\n

      \n
    • Falling objects<\/li>\n
    • Water damage is caused by accidental overflow of plumbing, heating, ventilation, air conditioning (HVAC), or household appliances.<\/li>\n<\/ul>\n

      HO-3<\/strong><\/h3>\n

      Most homeowners choose the HO-3 policy, called an all-perils policy. If anything except rising water flood damages a home, this policy covers it.<\/p>\n

      HO-8<\/strong><\/h3>\n

      Also called historical home coverage, the HO-8 policy covers the same perils as an HO-1 policy. Only owners of historical homes and architecturally significant homes can qualify for this policy.<\/p>\n

      Contact HighPointe Insurance Services LLC for Home Insurance to Protect Your Investment<\/strong><\/h2>\n

      Contact HighPointe Insurance Services LLC to obtain a homeowners’ insurance policy that provides your Overland Park, KS home the protection it needs.<\/p>\n","protected":false},"excerpt":{"rendered":"

      When you contact HighPointe Insurance Services LLC for homeowners insurance, you might think there’s just one type, but you have four choices: HO-1, HO-2, HO-3, and HO-8 coverage. What makes the four homeowners insurance options so different? Each level of insurance covers a different number of perils. What’s an insurance peril? The term peril refers to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[5,9],"class_list":["post-208","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-highpointe-insurance-services-llc","tag-overland-park-ks"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t