August 2, 2018

Basic Form (Homeowners Insurance Covered Causes of Loss: Basic Form)

The Basic Form is one of three ISO (International Organization for Standardization) use by the insurance industry to define which perils or causes of loss are covered.  Generally, the Basic Form covers the following:

• Wind, Hail
• Lightning
• Fire
• Smoke
• Explosion
• Sprinkler Leakage
• Sinkhole Collapse
• Riot
• Civil Commotion
• Collison by Aircraft
• Collision by Vehicles  
• Vandalism
• Volcanic Activity