Types of Insurance Coverage - Castaneda Insurance Services, LLC

TYPES OF COVERAGE
There are two basic types of coverage offered under residential property policies:

• ALL RISK - (also known as a comprehensive coverage or open perils coverage) - offers broad protection and covers all perils unless they are specifically excluded by the policy. You should always carefully review the excluded causes of loss section of your policy. Even the most comprehensive policy will exclude certain types of loss (damage caused by flood, for example).
• NAMED PERILS - (also known as specified perils coverage) offers narrower protection than an all risk policy and covers only those perils specifically named under the policy. A policy that offers named perils coverage will also contain exclusions to perils named under the policy. If you are thinking of purchasing a policy that provides named perils coverage only, it is important make certain that the policy provides coverage for the perils that most concern you.

Castaneda Insurance Services, LLC
PO Box 197
Helotes, TX 78023
O: 210-696-2723
F: 210-568-2129
cis.sanantonio@yahoo.com
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