Astronomers say we may be at greater risk of being hit than previously thought.
Most studies of potential Earth-smashers focus on objects in the asteroid belt roughly between Mars, Earth's outside neighbour, and Jupiter on its other flank, said the researchers.
But they noted that the discovery in the last two decades of hundreds of giant comets dubbed centaurs, albeit with much larger orbits, requires expanding the list of potential hazards.
These balls of ice and dust, typically 50km to 100km wide, have unstable, elliptical orbits that start way beyond Neptune, the most distant planet from the Sun.
Their paths cross those of the giant planets Jupiter, Saturn, Uranus and Neptune, whose gravity fields occasionally deflect a comet towards Earth - once about every 40,000 to 100,000 years.
"The disintegration of such giant comets would produce intermittent but prolonged periods of bombardment lasting up to 100,000 years," the research team wrote in the Royal Astronomical Society journal, Astronomy and Geophysics.
And they argued that "assessment of the extraterrestrial impact risk based solely on near-Earth asteroid counts, underestimates its nature and magnitude". They noted that a single centaur contains more mass than the entire population of Earth-crossing asteroids discovered to date.
"In the last three decades, we have invested a lot of effort in tracking and analysing the risk of a collision between the Earth and an asteroid," said co-author Bill Napier of the University of Buckingham.
"Our work suggests we need to look beyond our immediate neighbourhood too, and look out beyond the orbit of Jupiter to find centaurs.
"If we are right, then these distant comets could be a serious hazard, and it's time to understand them better."
Scientists believe a comet bombardment may have kickstarted life on Earth by bringing water and organic molecules.
A comet strike is also a leading contender for having ended the reign of the dinosaurs 65 million years ago.
The team said no risk was "known to be imminent", although cometary encounters were largely unpredictable.
"A centaur arrival carries the risk of injecting, into the atmosphere ... a mass of dust and smoke comparable to that assumed in nuclear-winter studies," wrote the researchers, referring to the hypothesised climate effects from the soot that would be released by firestorms caused in an atomic war.
"Thus, in terms of magnitude, its ranking among natural existential risks appears to be high," they said.