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An HO-3 policy is considered an "all risk" policy, meaning a loss is covered unless it is specifically excluded. Review the "exclusions" portion of your policy to see what type of losses are excluded. An HO-3 policy affords an insured more protection than any other policy. I would recommend purchasing the HO-3 policy if you are in the market for insurance.

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Q: What perils are covered on a HO3 homeowners policy?
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What is broad form comprehensive home insurance?

The Broad form is the "HO3" also known as the "HOC" and sometimes referred to as "All Risk Coverage. It's the priciest Homeowners policy available but also offers the broadest coverage, hence the name "Broad Form". The major difference in the Broad form (HO3) from the Basic Form (HO1) and the Extended Coverage policy (Form HO2) is the peril language appoach. The HO3 is considered to use an "Exclusive" approach where forms 1 and 2 use the "Inclusive" language approach to covered and non-covered perils.

What is the main difference between an HO8 and a HO3?

An HO8 is a named peril policy, meaning you are only insured for the perils listed in the policy. An HO3 is an "all risk" policy, which means you are covered for all losses unless the peril is specifically excluded under the policy. As you can see the HO8 is a lot more restrictive. The premium may be cheaper but it offers less coverage.

What does ho-4 mean on homeowners insurance?

Ho4 means it's a renters policy ho3 is a homeowners policy ho6 is a condo policy dp3 is a rental property (landlord coverage)

Your house has termite and roof damage and mold can the home insurance pay for it?

Most Homeowners Insurance Policies do pay roof repairs if damaged by a covered peril so long as its not a worn out roof or pre existing condition. Mold and Termite or other common household pests are not covered unless specified in the named perils or by endorsement. The best chance of getting Homeowners "All Risk" coverage is buy purchasing a Homeowners HOC or HO3 all risk policy.

What is ho3 on homeowners insurance mean?

It a standard homeowners insurance policy, for a detached single family home (as opposed condominium -- which is HO-6), and the HO3 distinction also indicates the policyholder is the homeowner as opposed a tenant.

Does preferred mutual insurance company ho3 policy covers for boiler malfunction?

Malfunction? No. Homeowners insurance is Hazard insurance that provides protection from losses that result form the perils indicated, Typically, fire, wind, hail etc. Homeowners insurance does not provide coverage for normal and expected maintenance.

What is the best home owners insurance?

An HO3 all risk policy offers the broadest coverage possible for a homeowner. Many insurance companies offer the HO3 policy form, they cost a little more but they are the best homeowners insurance policy you can get.

Are guns covered under HO3 policy?

Yes, but with limits on the value for most policies.

Does homeowners pay for fence damage by wind?

Subject to your deductible, yes a standard HO3 policy should cover your wind damage.

What water damage will a HO3 homeowners policy cover?

You will need to read the policy. they are not all the same. Water discharge coverage is optional. Contact your insurance agent if your not sure whether you have it or not and what limits are available to you.


It's not a matter of which company but rather which Policy form you purchase.The best,, or rather the most comprehensive homeowners insurance policy would be found on the Homeowners Form 3 policy. It is also referred to as an HO3 or sometimes as an HOC and rarely it is called an "All Risk" policy.Here is a break down of the three policy types available in the U.S.HO1 - Basic CoverageHO2 - Extended CoverageHO3 - Broad CoverageIt does not matter which company you buy it from except that not all companies offer the HO3.Update - A new product is now being offered in a HO5 Policy by some insurers that is said to be even better than the traditional HO3 policy form.

Does homeowners insurance cover the cost to repair a wrought iron fence a saguaro cactus fell on?

yes, so long as you have the industry standard "HO3" or "HO5" policy that includes "other structures" coverage. The fence would be covered under other structures, subject to deductible.