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  1. 14 Απρ 2019 · These numbers correspond to either home, renters, or condo insurance. Here is a simple breakdown: HO-1: Basic form — this only covers you from 10 named perils. "Named-peril" means that your home and personal property are covered against losses that are expressly listed on your policy.

  2. 1 Αυγ 2024 · An HO-4 is different from an HO-6 policy that provides coverage for those who own a condominium or townhouse. Insurers will usually take depreciation into consideration when determining the value of your property, but renters can purchase replacement cost coverage, which does not.

  3. 2 Ιαν 2020 · HO-4 insurance covers you if a covered peril damages or destroys your stuff, or if you’re liable for damage to someone else’s property or injuries to others, both on or off your property. HO-4 insurance will also reimburse you for a covered peril that destroys your personal property.

  4. An HO4 policy, also called renters insurance, protects a renter’s personal property and addresses their personal liability. In other words, it can help pay for: Replacing your property when it’s stolen or damaged by a covered incident. Legal expenses when someone is injured in your rented space or you damage their property.

  5. 19 Δεκ 2023 · An HO-6 policy, also known as condo insurance, provides more comprehensive coverage than rental insurance. It extends to the internal structure of an individual condo unit, including the walls, floors, and ceilings.

  6. 1 Σεπ 2023 · An HO4 policy, also called renters insurance, protects a renter’s personal property and addresses their personal liability. In other words, it can help pay for: • Replacing your property when it’s stolen or damaged by a covered incident. • Legal expenses when someone is injured in your rented space or you damage their property.

  7. 16 Ιουν 2021 · HO4 insurance policies, or renters insurance, are policies that protect renters against damages to their personal property in a rented home or apartment that is directly caused by a list of perils and addresses their personal liability.

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