Homeowners Insurance Comprehensive Form (HO5)

what is comprehensive
form policy ?

Comprehensive Policy is the most comprehensive form of coverage in the insurance industry. It gives replacement cost claim settlements and open perils coverage for your personal property and home. Around 14% of single-family homes receive protection by the HO-5 policy. It makes it the second most famous form of residential reimbursement in the U.S. behind the HO-5 policy, which insures 79% of homes.


HO5 policy contains all the similar coverages. Its Basic and Broad Form cousins secure the structure of the home, belongings, detached structures, additional living expenses, guest medical payments, and personal liability. There is a large difference between the Comprehensive Form policy and the other policy forms. That is the summary and quality of personal property coverage.

comprehensive form
policy exclusions

If your insurance company chooses to not include something from your coverage, the exclusion has to be in detail specifically in your policy. Below are some examples of common Ho5 Policy exclusions:
  • Operating a business on your personal property.
  • Damage due to sporting equipment as a cause of use.
  • The harm that wears and tears causes. As well as mechanical breakdown or defect, deterioration, rust or corrosion, rotting, extreme temperatures, or fungus.
  • Damage due to your property being vacant for a specific time.
  • Damage by birds, insects, rodents, and other pests.

Overall, the HO5 policy, also known as an HO-5 policy, is a superior kind of homeowners insurance. It provides more security for both your personal property and home than any residential policy on the market. What sets an HO-5 policy apart from standard homeowners insurance is the level of security for personal belongings like appliances, furniture, and clothes.

In a standard HO-5 policy, You’ll receive coverage for your personal belongings against specific perils, namely the 16 perils particularly on the list in your policy. When you file a claim relating to your property, you carry the burden of proof to prove the loss or damage you’re claiming is what those perils cause.

In the HO-5 policy, your personal property will receive coverage on an “all-risks” basis. Namely open perils, this means you have protection against everything except the perils that aren’t from the policy. If you have any questions about your personal Homeowners Insurance Comprehensive Form Coverage policy, contact our experienced local insurance agents now.