How does "broadform coverage" differ from "standard coverage"?

Broadform coverage is recognized for its comprehensive approach compared to standard coverage. This type of policy is designed to provide a wider range of protections that may not be included in standard policies. For instance, broadform coverage typically covers various perils and risks that are not specifically enumerated in a standard policy, thus offering more extensive protection.

In contrast to standard coverage, which often has limitations and might cover only specific risks, broadform coverage addresses many types of potential damages, making it suitable for individuals seeking more extensive insurance solutions. This contrast illustrates why broadform coverage is seen as a step up in terms of security and assurance for the policyholder.