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 ?
American Platinum Property and Casualty Insurance Company, also a wholly-owned subsidiary, currently writes homeowners multi-peril insurance on Florida homes valued in excess of $1 million, which are limits and coverages currently not 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.
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.
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.
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.
State Farm is the world's largest writer of personal auto and homeowners' multi-peril insurance and a major provider of commercial multiple peril and individual life insurance.
An account executive with Insurance Solutions Kaye Insurance Associates, Michael Zeldes specializes in the Amwest program, a comprehensive multi-peril insurance program especially designed for residential real estate properties.
Automobile insurance had been a historical strength, but homeowners' multi-peril insurance had suffered because of weak industry pricing and weather-related events that have caused heavy losses in recent years.
Standard & Poor's said today it placed its triple-'A' financial strength ratings on all State Farm's interactively rated operating companies on CreditWatch with negative implications, primarily because of large losses in the companies' automobile and homeowners' multi-peril insurance lines in 2001, particularly in the fourth quarter.

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