Which type of policy covers personal belongings against multiple perils?

A broad-form policy is designed to cover personal belongings against multiple perils, providing a wider range of protection compared to other types of policies. This type of policy typically lists specific perils that are covered, such as fire, theft, or windstorm, but it often includes coverage for certain additional risks that may not be explicitly mentioned.

The strength of a broad-form policy lies in its comprehensive nature, making it suitable for individuals looking to protect their belongings from various potential risks. In addition, it may include some additional benefits such as replacement cost coverage, which is advantageous in the event of a loss.

In contrast, a basic policy typically covers only a limited number of perils, and a named-peril policy exclusively covers those specific perils that are listed in the policy documents. A special policy, on the other hand, usually refers to a policy that covers all perils unless specifically excluded, but it may not broadly cover personal belongings as the question specifies. Thus, a broad-form policy is best suited for covering personal belongings against multiple perils as it provides a wider safety net for diverse risks.