Which perils are covered under the Homeowners Broad Form?

The Homeowners Broad Form, which is commonly referred to as HO-2, offers a broader range of coverage compared to basic homeowners policies. It includes coverage for a variety of perils that are specifically named in the policy. The correct choice includes the basic perils like fire, lightning, and windstorm, alongside additional risks such as plumbing issues, falling objects, and the risk of collapse due to certain conditions.

This form is designed to provide enhanced protection for homeowners by covering both the foundational perils and more specific risks that could lead to significant property damage. Choosing this form of insurance helps ensure that homeowners are better protected against common risks that can affect their homes.

In contrast, the other options describe either limited or different types of coverage that do not align with the comprehensive nature of the Broad Form. For example, only covering fire and theft overlooks many significant risks, while mentioning all risks including flooding suggests a misunderstanding, as flooding typically requires separate flood insurance. Finally, focusing only on natural disasters does not encompass the variety of perils that the Homeowners Broad Form covers.