HO3 HomeOwners 3 Special Form. Industry-standard homeowners insurance. As far as I know, the absent apostrophe is standard too. The 3 refers to the three basic kinds of protection: Physical damage coverage. This pays repair/replacement costs for house, unattached buildings on the property, and...
The Homeowners Policy Basic Form 1 (HO 1) provides basic named perils coverage for direct damage to property, personal liability coverage, and medical payments to others coverage.
The Homeowners Policy Comprehensive Form 5 (HO 5) is part of the Insurance Services Office, Inc. (ISO), homeowners forms portfolio. The HO 5 form insures the described owner-occupied dwelling, other structures in connection with the dwelling, unscheduled personal property on and away from the ...