What type of insurance covers natural disasters like lightning or high winds?

Named peril Builders Risk insurance specifically covers risks that are explicitly listed in the policy. It provides coverage only for particular dangers that are named, such as lightning, high winds, fire, vandalism, and other specified perils. This arrangement ensures that if one of the named hazards causes damage, the policyholder will be compensated for the loss.

Comprehensive Builders Risk insurance and All-Risk insurance typically cover a wider range of incidents, including those not expressly named, and might include coverage for natural disasters but with broader implications. General liability insurance, on the other hand, is designed to protect against third-party claims for bodily injury or property damage arising from the business operations, rather than specific property damages due to natural disasters.

Therefore, Named peril Builders Risk insurance is the most precise form of coverage for protecting against specific natural disasters as outlined in the policy terms.