Which peril is included in the listed perils under the Homeowners Basic Form?

The inclusion of wind and hail as a peril in the Homeowners Basic Form aligns with the coverage specifics outlined in this type of insurance policy. The Homeowners Basic Form is designed to cover a set list of perils, often referred to as "named perils." Wind and hail are commonly included because they are recognized as typical risks that can cause significant damage to properties. This form provides coverage for damages resulting from these natural events, acknowledging their potential impact on homes.

In contrast, power failure, intentional damage, and negligence are not typically covered perils under the Basic Form. Power failures usually fall under exclusions because they don't directly damage property but may cause losses as a secondary effect. Intentional damage is also excluded because insurance is intended to protect against unforeseen events, and claims resulting from deliberate actions contradict this principle. Negligence does not qualify as a peril covered by a homeowners policy, as it refers to the failure to act responsibly and would not typically be compensated under such insurance.