What type of insurance protects against specific perils such as windstorm and hail?

Extended coverage insurance is specifically designed to protect properties from additional perils that are not typically included in standard fire insurance policies. This type of insurance includes coverage for specific risks such as windstorm, hail, lightning, and other environmental damage. When a property owner or manager opts for extended coverage, they enhance their protection by ensuring that they are safeguarded against a broader range of threats that can impact their property.

In contrast, fire insurance primarily covers damages due to fire and related incidents but does not extend to other peril types like wind or hail. Fidelity bonding pertains to protecting against employee dishonesty and theft, while workers' compensation is focused on providing benefits to employees who become injured or ill due to job-related activities. Therefore, choosing extended coverage provides a comprehensive shield against specific natural disasters and weather events that might affect property.