May 30, 2022 • Tony

What does the HO-3 policy protect for your home?

HO-3 is the most commonly used home insurance policy, protecting you, your family, and your property from unexpected unforeseen risks.

1. Why do you need HO-3 insurance?

A HO-3 policy protects your home from bad situations like natural disasters and dangers like theft or fire, helping you restore or repair damage to your home. The HO-3 policy will also cover additional living expenses and cover other structures in your home.

2. What does the HO-3 policy cover?

The HO-3 policy covers the entire home including your belongings and personal liability. Usually, you’ll also be covered for additional living expenses if you need to stay somewhere else while your home is being repaired.


– Damage to housing: cost of materials and labor to rebuild, cost of replacement and other structures

– Damage to personal property: furniture, personal belongings such as clothes, tables and chairs

– Liability: provide insurance for property damage and bodily injury, litigation costs.

– Medical Payments: This will help you pay medical bills if someone is injured on your property or injured by your pets. This coverage does not involve liability and provides limited reimbursement for basic medical expenses.

– Loss of use rights in case you need to stay somewhere else while your home is being repaired, you will be covered for additional living expenses.


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