"All risks" is a term you'll commonly see on homeowner's insurance policies. It means that you're covered for any kind of loss to your property except causes that are specifically listed as excluded. If your policy isn't an "all risks" one, you probably have a "named perils" one. Named perils policies cover your property losses only when they're caused by perils listed on the policy, such as fire, flood, hail, etc. If a peril isn't listed, it's not included.

Be on top of your financial situation -- know what you are and aren't protected against, and make sure you have the coverage you want and need.

Disability insurance is a dangerous thing to ignore. Learn more about insurance in our Insurance Center. You may not have thought about some other kinds of insurance, such as long-term care insurance, but they're vital for many people. Take a little time to learn more, and you may be very happy you did if some calamity occurs in the future.

Here are a few more important insurance-related articles:

And by the way, if you've got short-term money to invest, learn how to make the most of it in our Savings Center (which offers Fools some special deals on interest rates).