Which of the following is included in a Basic home insurance policy?

A Basic home insurance policy typically includes specific types of coverage that are foundational for protecting a dwelling. The inclusion of fire, lightning, and limited explosion coverage is a hallmark of these policies, as they are essential risks that a homeowner is likely to face.

This type of coverage protects against losses or damage caused by fire, which is one of the most common and devastating events that can affect a home. Similarly, lightning strikes can cause both structural damage and fires, while limited explosion coverage ensures that certain types of explosions that could occur within the home, such as those related to appliances, are also covered.

In contrast, earthquake coverage, comprehensive liability coverage, and all-risk coverage for both building and contents are not standard components of a Basic home insurance policy. Earthquake coverage is typically an additional endorsement, comprehensive liability goes above standard liability limits, and all-risk coverage offers broader protection than what is usually included in a Basic policy. Thus, emphasizing fire, lightning, and limited explosion as part of the Basic home insurance package aligns with the core risks that homeowners face.