The Homeowners 3 policy covers risks of direct physical loss coverage to the dwelling or other structures. With the Special Personal Property Coverage Endorsement you can get risks of direct physical loss coverage on personal property too.

Risks of direct physical loss only lists excluded causes of loss. Anything that happens to your property that is not otherwise excluded is covered. With risks of physical loss coverage, the insurance company must prove that an exclusion was the cause of loss before they can deny the claim. With a policy that names each individual covered cause of loss (named peril), you must prove to the insurance company that a covered cause of loss damaged your property.
Consider the Homeowners 3 policy with the Special Personal Property Coverage Endorsement if you own a home. If you rent or own a condo there is a Special Personal Property Coverage Endorsement available for your contents.

Here are a few examples of claims where risks of physical loss coverage made the difference and a claim was paid.

(1) A battery was left on a hardwood floor. The battery acid leaked out in such a manner that it was necessary to replace a large section of the floor.

(2) An insured tipped over a bucket containing ammonia for soaking a baby's diapers. The solution ruined the wall-to-wall carpet in the room.

(3) A deer jumped through a picture window. It went wild in the house, denting walls and furnishings and bleeding as it ran. It eventually jumped through another window.

(4) A washing machine was running with a load of clothes when the clothes became unbalanced in the tub. As the machine entered the spin cycle, it shook and "walked" from its position into a brand new hot water heater poking a hole in the casing of the tank and breaking the glass liner.

(5) An insured was walking on the floor joists of his unfinished attic. The insured slipped off of the joists and fell through the living room ceiling, causing extensive damages.

(6) A two-year-old boy found a hammer and went on a spree through his parent's house that resulted in substantial damage to several plastered walls, a toilet bowl, wash basin, dressing table and other items.

(7) A bucket of paint was spilled on an insured's hardwood floors, getting into floor cracks and pores. It was necessary to replace much of the wood.

(8) Finally, an insured converted his oil burning furnace to gas without removing the oil input pipe at the outside of the house. On its regularly scheduled day, an oil company tank truck arrived and pumped 500 gallons of oil into the insured's basement.

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