What Is An HO-1 Form?
The HO-1 form is one of six different forms used for homeowners policies. It applies to houses, but not to apartments, condominiums, or cooperatives. Although liability coverage offered through Form HO-1 (Coverages E and F) is similar to the liability coverage that appears in the other five forms, it's the property insurance coverage (specifically Coverages A, B, and C) that makes HO-1 different. It's unlikely that your homeowners policy was written on the HO-1 form, because most states have forbidden its use. The form number of your particular policy will usually be shown on the bottom right corner of every page. Use this resource as a learning tool, but always read your policy carefully to familiarize yourself with the details of your coverage.
Dwelling and Other Structures
The HO-1 form provides coverage for 11 named perils:
- Fire or lightning
- Windstorm or hail
- Riot or civil disturbance
- Vehicles (as long as they're operated by nonresidents)
- Smoke (not including smoke from fireplaces)
- Vandalism or malicious mischief
- Broken glass (up to a $100 limit)
- Volcanic eruption
These perils are considered "basic" because all six homeowners policy forms provide at least a minimum coverage for these 11 perils. Most of the other forms provide more than basic coverage.
In the HO-1 form, personal property is also covered on a basic perils basis. If you're covered under an HO-1 policy, you can collect on your homeowners insurance for damage to your dwelling, other structures, and personal property that is caused by any of the 11 basic perils.
If your homeowners policy is written on Form HO-1, you are not covered by property insurance for damage or destruction caused by:
- Enforcement of building codes and similar laws
- Power failures
- Neglect (meaning your failure to take reasonable steps to protect your property)
- Nuclear hazard
- Intentional acts
The impact of these exclusions on your coverage can be easily seen:
Coverage under Form HO-1
Column A You're Covered for Damage Caused By
Column B You're Not Covered for Damage Caused By
Fire or lightning Windstorm or hail Explosion Riot or civil disturbance Aircraft Vehicles Smoke Vandalism or malicious mischief Theft Broken glass Volcanic eruption
Enforcement of building codes and similar laws Earthquakes Flooding Power failures Neglect War Nuclear hazard Intentional acts Any peril or cause not included in Column A
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