The HO1 is a basic homeowners insurance policy that is “bare bones,” according to the Insurance Information Institute, and difficult to find. The policy isn’t available in most states, and it includes only some of the disasters covered by HO3 insurance. The HO2 offers limited coverage co...
as well as some personal property and minimum liability. The standardized policies are HO1 (Basic homeowner policy), HO2 (Broad Homeowner Policy), HO3 (All Risk Homeowner Policy), HO4 (Renters Insurance), HO5 (Comprehensive), HO6 (Condominium Policy), and HO8 (Provision for Older Houses)...
Insurance-related Claim ExpensesFirst Aid to OthersDamage to Property of Others - $___/occLoss Assessment Coverage - $___/occ 30 daysDP-1: 5 days All DP and HO policies EXCEPT DP-1 provide other coverages, including removal for ___ days.For DP-1, removal is for ___ days. $200...
The HO1 is a basic homeowners insurance policy that is “bare bones,” according to the Insurance Information Institute, and difficult to find. The policy isn’t available in most states, and it includes only some of the disasters covered by HO3 insurance. The HO2 offers limited coverage co...