HO-3 vs. HO-5: Why Your Home Insurance Policy Form Matters
Abstract: Most homeowners assume their belongings are fully covered, but their policy form says otherwise. We break down the differences between the common HO-3 policy and the premium HO-5 policy. Discover how the distinction between “named-peril” and “open-peril” coverage can make or break your next personal property claim. Overview Most homeowners know they have homeowners…