Homeowners insurance is known as a “multi-peril” policy, meaning it contains a variety of coverages in one package. A peril, in the insurance industry, is something that causes damage to a house or property. Your homeowners insurance policy may specifically list the perils you’re protected against, or cover you against all perils except ones specifically excluded. Common perils that homeowners insurance usually covers include: Fire Lightning Explosions Civil unrest Smoke Vandalism Theft Volcanic eruption Falling objects Ice, snow, or sleet Sudden, accidental outflows of water from the plumbing system or appliances, including burst pipes Your policy may also cover the cost of debris removal after a disaster, replacing plants and shrubs, and…