# Open Perils

_Glossary_

Canonical: https://www.claimspages.com/learn/glossary/open-perils/

Coverage form that insures against all causes of loss except those specifically excluded in the policy.

Open perils (also called all risks) coverage insures against any direct physical loss unless the policy lists the cause as excluded. Common exclusions include flood, earthquake, war, wear and tear, and intentional acts.

The burden shifts: the insurer must show an exclusion applies rather than the insured proving a named peril caused the loss. Open perils is broader than named perils coverage and is typical for commercial property special forms and many homeowners special form policies.



Mysterious disappearance of equipment may be covered under an open perils business policy unless excluded as unexplained loss; a named perils policy would not cover it unless theft were listed and proven.