Which HO form is designed for tenants to insure personal property and liability?

Which HO form is designed for tenants to insure personal property and liability?

• A. HO-4
• B. HO-2
• C. HO-3
• D. HO-6

Answer: (A)

Tenants need coverage that protects their belongings and provides liability protection, without insuring the building itself. The renter’s form does exactly that, commonly called HO-4. It covers a renter’s personal property against covered perils and provides liability protection if someone is injured in the rental or if the renter damages someone else’s property. Since the building’s structure is owned by the landlord, this form doesn’t insure the dwelling itself, which is why it’s the appropriate choice for tenants. The other HO forms are intended for owner-occupied residences or condo owners and include coverage for the dwelling or unit, not just the renter’s property and liability, so they don’t fit a tenant’s needs as well.

Tenants need coverage that protects their belongings and provides liability protection, without insuring the building itself. The renter’s form does exactly that, commonly called HO-4. It covers a renter’s personal property against covered perils and provides liability protection if someone is injured in the rental or if the renter damages someone else’s property. Since the building’s structure is owned by the landlord, this form doesn’t insure the dwelling itself, which is why it’s the appropriate choice for tenants. The other HO forms are intended for owner-occupied residences or condo owners and include coverage for the dwelling or unit, not just the renter’s property and liability, so they don’t fit a tenant’s needs as well.