What type of peril covers damages specifically from floods?

Flood insurance policies are specifically designed to cover damages that result directly from floods. Unlike standard property insurance, which may exclude flood-related damages, a flood insurance policy provides financial protection for losses caused by rising water, including coverage for structural damage to homes and business buildings, as well as personal property.

In many standard property insurance policies, flood damage is typically excluded; therefore, homeowners, businesses, and renters at risk of flooding often need to seek separate coverage under a flood insurance policy to adequately protect against this specific peril. This is crucial, particularly for properties located in flood-prone areas, where the risks associated with flooding are significantly higher.

The other options, such as basic and broad causes of loss, refer to general policy types that encompass a range of perils, but they do not specifically address flooding as a distinct coverage. Standard property insurance, while it might include some types of water damage, generally excludes flood-related losses without additional flood coverage. Hence, the flood insurance policy is the only choice that directly provides coverage for damages specifically resulting from floods.