HO-1: Basic Form Policy
The HO-1 policy is a basic and limited form of coverage that offers protection against specific named perils such as fire, theft, vandalism, and certain types of natural disasters. While this policy provides essential coverage, it is important to note that it may not offer as comprehensive protection as other, more inclusive policies.

HO-2: Broad Form Policy
The HO-2 policy, also known as the Broad Form Policy, expands upon the coverage provided in the HO-1 policy by including protection against a broader range of perils. In addition to the named perils covered in the HO-1 policy, the HO-2 policy typically includes coverage for risks like falling objects, water damage from plumbing issues, and more. This broader coverage can offer greater peace of mind to homeowners facing a variety of potential risks.

HO-3: Special Form Policy
The HO-3 policy is the most popular choice for homeowners due to its comprehensive coverage. This policy provides protection for the structure of your home against all perils except those specifically excluded in the policy. While specific exclusions may vary by insurer, the HO-3 policy typically offers broad protection against a wide range of risks, making it a versatile and robust option for many homeowners.

HO-5: Comprehensive Form Policy
The HO-5 policy, also known as the Comprehensive Form Policy, offers the most extensive coverage of all the policy types. This policy protects both your home and personal belongings against all risks unless they are specifically excluded. With comprehensive coverage, homeowners can feel confident knowing that their property and possessions are well-protected against a wide array of potential threats.

HO-6: Condo Insurance
Geared towards condominium owners, the HO-6 policy provides coverage for a condo unit and personal property within it. Condo insurance typically includes protection for the interior structure of the unit, personal belongings, liability coverage, and coverage for any improvements or upgrades made to the condo.

HO-7: Mobile Home Insurance
Designed specifically for mobile or manufactured homes, the HO-7 policy offers coverage for the structure of the home and personal belongings inside. Mobile home insurance is tailored to the unique needs of mobile homeowners, providing financial protection in the event of damage or loss.

HO-8: Older Home Insurance
The HO-8 policy is tailored to older homes and provides coverage based on the actual cash value of the property rather than the replacement cost. This type of policy is designed to address the specific needs of older homes, taking into account factors such as depreciation and the historical value of the property.
real home insurance