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14 Απρ 2019 · Good question! 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.
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.
1 Αυγ 2024 · An HO-4 policy is the name of the insurance form that offers protection for renters. You may hear it referred to more commonly as a renters policy. It primarily provides coverage for a renter’s personal property and liability.
An HO-4 policy is specifically designed for people renting a house, condo, or apartment. By providing coverage for the residents and their belongings, but not the structure they live in, HO-4 policies can help renters save money and not pay for coverage they don’t actually need.
17 Ιουλ 2020 · Commonly called renters insurance, an HO-4 policy can help protect you against the high cost of lawsuits, replace your personal belongings if lost to damage or theft and help pay your expenses if a disaster displaces you from your home.
26 Ιουλ 2024 · What does an HO-4 policy cover? What an HO-4 policy excludes Who needs HO-4 coverage? Where can I get HO-4 insurance? How much does HO-4 insurance cost?
The Homeowners Policy Contents Broad Form 4 (HO 4) is part of the Insurance Services Office, Inc. (ISO), homeowners forms portfolio. The HO 4 form insures a tenant for direct damage to unscheduled personal property on a broad named perils basis.