Which of the following is a covered peril under a named perils form?

A named perils form in insurance specifies certain risks or perils that are covered under the policy. An explosion is considered a covered peril under many named perils forms, as it's a common risk associated with various types of property insurance. This type of coverage typically includes specific perils that are explicitly listed in the policy, and explosion is often included because it can cause significant damage to property.

In contrast, earthquake and flooding are generally not covered under standard named perils forms and may require separate policies or endorsements for coverage. Mold damage often falls under exclusions or specific limits unless specifically included in the insurance contract. Understanding these distinctions helps policyholders know what risks are protected under their insurance policies.