Insurance that covers many hazards to include theft, loss, property damage, and vandalism.
Insurance Encyclopedia
Broad form cause of loss (Property Insurance)
A type of homeowners insurance wherein most reasons for a loss are covered.
Broad Form Nuclear Energy Liability exclusion Endorsement
A form which must be attached to every General Liability coverage part. It excludes coverage for any loss resulting from the hazardous properties of nuclear material related to the operations of a nuclear facility.
Broad Form Perils
A property insurance designation for coverage that extends beyond the basic named perils.****************A property insurance designation for coverage that extends beyond the basic named perils. This coverage can be found on both commercial and personal property policies. Broad form perils may include the basic perils as well as vandalism, malicious mischief, damage by burglars, falling objects, weight of ice, snow or sleet, accidental discharge of water or steam, sudden and accidental tearing arpt, freezing, sudden and accidental damage from artificially generate electrical current. The exact perils will vary by insurer.
Broad form personal theft insurance (Criminal)
Usually part of a homeowner’s insurance policy; this type of policy covers theft at a private residence. This type of coverage usually protects against all perils such as vandalism, theft, and damages occurring due to malicious mischief.
Broad Form Personal Theft Policy
Theft coverage on personal property at private residences, usually on an all risk basis. This type of coverage is most often part of a Householders Policy.
Broad Form Property Damage Endorsement
An endorsement to a General Liability policy that deletes the exclusion referring to property in the care, custody or control of the insured and replaces it with a less restrictive exclusion.
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A commercial general liability endorsement that removes the care, custody, or control exclusion relating to the property of others and replaces it with a less stringent one.
Broad form property damage endorsement (Liability)
An addition to a general liability policy that negates the exclusion of property in the care or custody of the insured.
Broad Form Storekeepers Insurance
A form of coverage for small storekeepers. It includes several specific crime perils on the same basis as Burglary Policy plus all-risk protection on money and securities, depositors’ forgery and a small limit on employee dishonesty.
Broad form storekeepers insurance (Criminal)
Insurance that covers owners of small stores against burglary, robbery, depositor forgery, or employee dishonesty.