Homeowners Insurance Policy Forms

The ho 3 also known as a special form is the most common homeowners insurance policy form says the national association of insurance commissioners.

Homeowners insurance policy forms. Policy forms used by the 10 largest homeowners insurance groups in oklahoma as an informational resource for consumers the oklahoma insurance department offers on this web page downloadable copies of homeowners insurance policy forms and mandatory amendatory endorsements offered by the 10 largest insurance groups writing homeowners. A policy form represents the type of property insurance needed for a homeowner condo owner or renter. Ho 3 the most common type of homeowners insurance policy with broader coverage than the ho 2. Ho 2 a more commonly used policy and a slight upgrade from the ho 1.

Ho 5 designates a comprehensive form homeowners insurance policy. It is the least expensive but also offers the least amount of coverage. This policy type covers both your home and personal property on an open peril basis. In this policy you and your refer to the named insured shown in the declarations and the spouse.

Ho 3 ho 1 ho 2 ho 8. Here are the eight types of property insurance. Ho 1 the most basic and limited type of policy for single family homes ho 1s are all but nonexistent nowadays. Policy forms used by the 10 largest home insurance groups in nevada.

Sometimes called an extended or special homeowners insurance policy form the ho 3 covers almost any peril except those specifically excluded such as earthquake flood landslide or mudslide nuclear accident and sinkholes. As an informational resource for consumers the nevada division of insurance offers on this web page free downloadable copies of home insurance policy forms and mandatory amendatory endorsements offered by the 10 largest insurance groups writing home insurance in nevada. Iso homeowners forms portfolio the ho 3 insures the described owner occupied dwelling private structures in connection with the dwelling unscheduled personal property on and away from the premises and loss of use. This is an ideal policy for someone renting an apartment or house.

However ho 3 policies only cover personal belongings in the home against the same perils covered by an ho 2 policy form. As a homeowner you have a few choices when it comes to the type of coverage and policy forms you may want. This is the broadest form of home insurance available. 1 ho 1 basic form this is the basic named peril homeowners insurance policy form.

Ho 1 basic form ho 1 polices are the most basic type of home insurance offering limited coverage and not available in most states. Homeowners 3 special form agreement we will provide the insurance described in this policy in return for the premium and compliance with all applicable provisions of this policy.