Which policy form is designed to cover renters' personal property?

• A. HO-3
• B. HO-4
• C. HO-2
• D. HO-5

Answer: (B)

Renters need a policy that protects their belongings inside someone else’s dwelling, not the structure itself. The form designed for this is the renters policy, commonly called HO-4. It specifically covers the tenant’s personal property against covered perils and often includes liability protection and loss-of-use coverage if the rental becomes uninhabitable. The other forms are built for owner-occupied homes and provide dwelling coverage for the building itself (and often broader protection for both dwelling and contents). Since renters don’t own the structure, those forms aren’t appropriate for covering a renter’s personal property. Hence, HO-4 is the best fit for renters’ personal property.