HO Policy Coverage Structure
Section Coverage Key Points Standard Limit
I – Property A. Dwelling House, attached structures, Declared value
built-ins, materials
B. Other Detached (garage, shed, fence, 10% of A
Structures pool house)
C. Personal Contents; HO-4 renters choose; 50% of A (varies)
Property HO-6 condo owners choose
D. Loss of Use ALE, rental value, prohibited use HO-2/3/5: 30% A; HO-4:
30% C; HO-6: 50% C; HO-8:
20% A
II – Liability E. Personal Bodily injury/property damage, $100K min
Liability defense costs, worldwide
F. Med Pay to Guest medical, no-fault $1K per person
Others
📦 Coverage C – Special Limits (Personal Property)
Item Limit
Money/coins $200 Electronics in vehicle $1,500
Securities/stamps $1,500 Trailers/campers $1,500
Jewelry/furs (theft) $2,500 Grave markers $5,000
, Firearms $2,500 Credit cards/funds $500
Business property (on) $2,500 Silverware $2,500
Business property (off) $500
🚫 Common Exclusions
PROPERTY: Flood, earth movement, water backup, power failure, war/nuclear, ordinance/law,
wear/tear, vermin, mold, mechanical breakdown.
LIABILITY: Intentional injury, business/professional, autos, aircraft, large watercraft, war,
communicable disease, molestation, controlled substances.
🔧 Common Endorsements
Personal Property Replacement Cost | Covers personal property at replacement cost rather than
actual cash value.
Earthquake | Provides coverage for damage caused by earthquakes. |
Scheduled Property (jewelry, art, collectibles) | Covers specific valuable items scheduled
separately with higher limits. |
Increased Special Limits | Raises coverage limits for certain categories of personal property.
Inflation Guard | Automatically increases coverage limits periodically to keep pace with inflation
and rising replacement costs.
Guaranteed Replacement Cost | Ensures full replacement cost coverage even if rebuilding costs
exceed policy limits.
Water Backup/Sump Pump | Covers damage caused by water backup or sump pump failure, which
is typically excluded. |
Umbrella | $1M–$5M excess liability | Provides additional liability coverage beyond the limits of
the homeowners policy. |
Home Day Care liability | Adds liability coverage for home day care operations.
Endorsement Adds/Changes
HO-04 15 Personal Property Replacement Cost
Section Coverage Key Points Standard Limit
I – Property A. Dwelling House, attached structures, Declared value
built-ins, materials
B. Other Detached (garage, shed, fence, 10% of A
Structures pool house)
C. Personal Contents; HO-4 renters choose; 50% of A (varies)
Property HO-6 condo owners choose
D. Loss of Use ALE, rental value, prohibited use HO-2/3/5: 30% A; HO-4:
30% C; HO-6: 50% C; HO-8:
20% A
II – Liability E. Personal Bodily injury/property damage, $100K min
Liability defense costs, worldwide
F. Med Pay to Guest medical, no-fault $1K per person
Others
📦 Coverage C – Special Limits (Personal Property)
Item Limit
Money/coins $200 Electronics in vehicle $1,500
Securities/stamps $1,500 Trailers/campers $1,500
Jewelry/furs (theft) $2,500 Grave markers $5,000
, Firearms $2,500 Credit cards/funds $500
Business property (on) $2,500 Silverware $2,500
Business property (off) $500
🚫 Common Exclusions
PROPERTY: Flood, earth movement, water backup, power failure, war/nuclear, ordinance/law,
wear/tear, vermin, mold, mechanical breakdown.
LIABILITY: Intentional injury, business/professional, autos, aircraft, large watercraft, war,
communicable disease, molestation, controlled substances.
🔧 Common Endorsements
Personal Property Replacement Cost | Covers personal property at replacement cost rather than
actual cash value.
Earthquake | Provides coverage for damage caused by earthquakes. |
Scheduled Property (jewelry, art, collectibles) | Covers specific valuable items scheduled
separately with higher limits. |
Increased Special Limits | Raises coverage limits for certain categories of personal property.
Inflation Guard | Automatically increases coverage limits periodically to keep pace with inflation
and rising replacement costs.
Guaranteed Replacement Cost | Ensures full replacement cost coverage even if rebuilding costs
exceed policy limits.
Water Backup/Sump Pump | Covers damage caused by water backup or sump pump failure, which
is typically excluded. |
Umbrella | $1M–$5M excess liability | Provides additional liability coverage beyond the limits of
the homeowners policy. |
Home Day Care liability | Adds liability coverage for home day care operations.
Endorsement Adds/Changes
HO-04 15 Personal Property Replacement Cost
