My renters insurance policy mentions "perils." What are those?

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Perils are the causes of loss or damage to property. Some examples of perils are fire, burglary, and water damage caused by a burst pipe.

Not every policy covers the same perils, so be sure to read both the list of covered perils and the list of excluded perils before you buy a policy. If you're not sure about a specific scenario, ask your agent to show you where it's addressed in the policy (don't just take her word for it).