What additional coverage does the "Special Form" provide?

The "Special Form" coverage is known for its comprehensive approach. It provides coverage for all risks, meaning it protects against losses from almost any peril except for those that are specifically excluded in the policy. This approach contrasts with "named peril" policies, which only cover risks explicitly listed. By focusing on a broader range of potential hazards, the Special Form is more advantageous for commercial property owners who want to reduce their exposure to unforeseen risks.

This type of coverage gives business owners greater peace of mind, knowing they are protected from a wide array of incidents, including theft, vandalism, and even natural disasters, unless specifically stated otherwise in the exclusions.