Definition of "All risks"

Shartay Simpson real estate agent
Shartay Simpson, Real Estate Agent The Jessica Hargis Group Llc

Insurance that covers each and every loss except for those specifically excluded. If the insurance company does not specifically exclude a particular loss, it is automatically covered. This is the broadest type of property policy that can be purchased. For example, if an insurance policy does not specifically exclude losses from wind damage, or from a meteor falling on the insured's house, the insured is covered for such losses.

 

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