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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.
19 Δεκ 2023 · An HO-4 policy applies specifically to people who are renting an apartment, home, condo, or other rental property. Coverage doesn’t include the structure itself — only the renter’s personal belongings, personal liability for the renter, and loss of use reimbursement for living expenses if the property is unlivable during repairs.
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.
25 Ιαν 2024 · An HO-4 policy, also known as a renters insurance policy, protects your personal belongings. An HO-4 renters’ policy provides “named perils” coverage, which defines the type of disasters covered in its terms.
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.
4 Ιουν 2024 · HO-4: Commonly referred to as renters insurance, this policy form covers personal property in a rented house or apartment. The landlord's insurance minimally covers the structure for the 11 perils covered by an HO-1.
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.