Home is where your heart is. Make sure it's protected.

Homeowners insurance comes in various types, each offering specific coverage to address different needs and circumstances. Here are some common types of home insurance:

HO-1 (Basic Form): Provides coverage for a limited number of perils, typically including fire, lightning, windstorm, hail, theft, vandalism, and more. HO-1 policies are relatively basic and less common than more comprehensive options.

HO-2 (Broad Form): Covers a broader range of perils compared to HO-1. Typically includes perils such as falling objects, weight of ice, snow, and accidental water damage. Offers more comprehensive protection than basic form policies.

HO-3 (Special Form): One of the most common types of homeowners insurance. Provides coverage for the dwelling and other structures on an open-perils basis, meaning it covers all perils except those specifically excluded. Contents are covered on a named-perils basis.

HO-4 (Renter’s Insurance): Designed for renters rather than homeowners. Covers personal property against named perils and provides liability coverage. Does not cover the structure itself, as that is the responsibility of the landlord.

HO-5 (Comprehensive Form): Offers open-perils coverage for both the dwelling and personal property. Provides more extensive coverage for personal belongings than HO-3. Generally more expensive due to the increased level of coverage.

HO-6 (Condo Insurance): Specifically designed for condominium owners. Covers personal property, interior structures, and liability. Typically, the condo association’s master policy covers the external structure.

HO-7 (Mobile Home Insurance): Tailored for owners of mobile or manufactured homes. Provides coverage for the dwelling, personal property, and liability.

HO-8 (Older Home Insurance): Designed for older homes where the cost to replace exceeds the market value. Provides coverage on a modified replacement cost basis, taking into account depreciation.

It’s important to note that within each type, coverage limits, deductibles, and policy details can vary. Homeowners should carefully review and understand the terms of their policy to ensure it aligns with their specific needs and circumstances. Consulting with an experienced insurance agent can provide valuable guidance in selecting the most appropriate type of home insurance for your situation.