• All risks - a comprehensive insurance policy offered on the property accident insurance market.

  • All risks and named perils are two types of insurance commonly offered to homeowners and business owners.
  • All-risk insurance means that the policyholder can claim compensation for any events that are not expressly excluded from the contract as covered.
  • Policyholders can usually pay more to add an additional or floating insurer to the contract that will cover the specific event that has been excluded.
  • All-risk insurance differs from named-risk insurance, in which the policyholder can claim compensation only for the events specified in the policy.