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Barron's Real Estate Dictionary:

Perils

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Various risks that can damage property. H omeowner ’ s insurance may cover the property for a wide variety of perils caused by accidents, nature, or people but does not cover flooding from rising water.


Example:

• fire

• windstorm

• hail

• tornado

• hurricane

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Barron's Real Estate Dictionary Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved. Read more

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