Question

The homeowners from that covers the dwelling all risk and the personal property as broad coverage is?

1) HO4
2) HO6
3) HO5
4) HO3

Answer 1

HO3 is the home insurance policy that covers the dwelling on an all risks basis and personal property on a broad form, which is essential for protecting against damage or loss.

Step-by-step explanation:

Among the home insurance policies available, HO3 is the one that typically provides broad coverage for the dwelling on an all risks basis and personal property coverage on a broad form. The options listed reference different types of homeowners policies, with HO4 being renter's insurance, HO6 designed for condominium owners, and HO5 providing an enhanced all risks policy for both the dwelling and personal property. To protect against damage or loss, homeowners must insure their property for the cost of full replacement, and the appropriate form of insurance is essential for this protection.