Home insurance isn’t one-size-fits-all. Depending on your property type and needs, there are different policies to consider. Here’s an overview to help you choose the right one… Check out our guide below.
Questions? Reach out to one of our knowledgeable agents. We’re eager to set you up with the right coverage and rate!
HO-1: Basic Form
Covers a limited set of perils such as fire and theft. This policy is rarely used today because of its restricted coverage.
HO-2: Broad Form
Offers slightly expanded coverage for events like windstorms, hail, and vandalism.
HO-3: Special Form
The most popular policy, HO-3 protects your home from all risks except those explicitly excluded (e.g., earthquakes).
HO-4: Renter’s Insurance
If you’re renting, this policy covers your belongings and liability.
HO-5: Comprehensive Form
Provides the highest level of coverage, protecting both your home and personal property with fewer restrictions.
HO-6: Condo Insurance
Tailored for condo owners, covering personal property and any structural parts of your unit not covered by the condo association’s policy.
HO-7: Mobile Home Insurance
Specifically designed for mobile or manufactured homes.
HO-8: Older Home Insurance
Covers historic homes with unique repair requirements.
How to Choose the Right Policy
The best policy depends on your home type, location, and budget. Not sure where to start? Cornerstone Insurance Agency LLC is here to guide you every step of the way.
This article is for informational purposes only. You should not act based on this information without first consulting with your insurance agent; if you would like a quote from a Cornerstone Insurance Agency licensed agent, contact us. We disclaim all liability for actions taken or not taken by you based on the contents of this article which is provided “as is.” Cornerstone makes no representation that this content is error-free.