chapter 5 personal risk

HO-3 Coverage A – Dwelling

Applies to the dwelling on the residence premises and attached structures; does not cover land.

HO-3 Coverage B – Other Structures

Covers unattached structures separated by clear space; limit is 10% of Coverage A.

HO-3 Coverage C – Personal Property

Covers insured's personal items anywhere and others' property on premises; limits are 50% for personal items and 10% for others'.

HO-3 Coverage D – Loss of Use

Provides financial protection if residence is unfit for living; limit is 30% of Coverage A.

Perils Insured Against in HO-3

Coverage A and B provide open perils coverage against all perils not listed as exclusions.

Exclusions for HO-3

Includes earth movement, flood, power failure, neglect, war, nuclear hazard, and intentional loss.

Named Perils for Coverage C

Includes fire, windstorm, theft, and other specific named perils.

Additional Coverages

Covers special items and exclusions not addressed in Coverages A-D.