What does HO5 mean?

What Is an HO5 Policy? Sometimes called the comprehensive form, an HO5 policy is a type of home insurance written on an open-perils basis. This means your insurer covers damage to your home and personal property when it’s caused by an event, or peril, as long as it’s not listed as an exclusion in the policy.

What is covered under HO-5?

Dwelling: HO-5 dwelling coverage protects your home’s main structure, including its exterior and interior walls, foundation and roof. Other structures: This type of coverage protects detached structures on your property, like fences, gazebos, guest houses and swimming pools. Aug 5, 2020

What’s an HO-3 policy?

An HO-3 insurance policy is a form of home insurance that protects policyholders against property damage, legal liabilities and other expenses associated with unexpected disasters befalling your home. Sep 29, 2021

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