Under the Texas HO-B policy, what type of losses does the structure cover?

The Texas HO-B policy is designed as an all-risk policy for the dwelling, meaning it covers a broad range of losses to the structure. This type of coverage typically includes any physical damage that occurs, provided it is not specifically excluded in the policy terms. This extensive coverage offers homeowners substantial protection, as it encompasses losses from various causes, including but not limited to fire, vandalism, windstorms, and more.

The emphasis on "unless excluded" is crucial, as it acknowledges that while the coverage is comprehensive, there are specific risks that might be detailed in the policy as exceptions. Common exclusions may include acts of war, neglect, or certain natural disasters, but the key takeaway is the broad nature of the coverage for physical loss to the home’s structure under the HO-B policy.

In contrast, other options like specified perils or limited coverage types would suggest a narrower set of protections that do not reflect the comprehensive nature of the HO-B policy’s coverage on the structure. Therefore, the most accurate choice indicating the scope of coverage for physical losses under this policy is that it addresses all risks of physical loss, unless explicitly excluded.