All Risk Insurance

(redirected from Multi-Peril Insurance)

All Risk Insurance

Marine cargo insurance which covers most perils except strikes, riots, civil unrest, capture, war, seizure, civil war, piracy, loss of market, and inherent vice.

All Risk Insurance

An insurance policy that covers all possible claims not specifically excluded. All risk insurance is found only in property insurance. Homeowners insurance in sometimes all risk insurance. If one's homeowners insurance is an all risk policy and the house burns down, the insurance policy covers it unless the agreement states categorically that it will not cover destruction by fire. All risk insurance is usually quite expensive.
References in periodicals archive ?
Based in Atlanta and Kansas City, Barbican Specialty US operates exclusively through wholesale brokers and focuses primarily on providing multi-peril insurance products for risks such as wind/hail and AOP including flood and earthquake.
The company's wholly-owned subsidiary Universal Property & Casualty Insurance Company (UPCIC), is a writer of homeowners insurance; American Platinum Property and Casualty Insurance Company writes homeowners multi-peril insurance and is additionally licensed to write Fire, Commercial Multi-Peril and Other Liability lines of business.
The company offers commercial multi-peril insurance predominantly in New York and New Jersey.
FCIC wrote workers' compensation, commercial auto, general liability, and commercial multi-peril insurance policies in Florida and Georgia.
He specializes in Kaye's comprehensive multi-peril insurance program, especially designed for residential real estate properties.
Also, the company's wholly-owned subsidiary American Platinum Property and Casualty Insurance Company currently writes homeowners multi-peril insurance on Florida homes valued over USD1m, which are limits and coverages not presently targeted through its affiliate UPCIC.
991 would cause consumer insurance bills to rise by more than $817 million, for commercial multi-peril insurance to increase by 12.
An account executive with Kaye Insurance Associates, Mike Zeldes specializes in Kaye's comprehensive multi-peril insurance program especially designed for residential real estate properties.
Michael Civisca commented, "Since launching the Middle Markets operation in Schaumburg, Illinois in 2002, Navigators has developed strong agency relationships and become recognized as a leading underwriter of commercial multi-peril insurance for a select group of retail insurance agents in the midwest.
Another wholly-owned subsidiary, American Platinum Property and Casualty Insurance Company writes homeowners multi-peril insurance on Florida homes valued at over USD1m, not targeted by UPCIC.
An account executive with Kaye Insurance Associates, Marc Cohen specializes in Kaye's comprehensive multi-peril insurance program especially designed for residential real estate properties.

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