2010年8月2日 · Homeowners insurance is typically sold in packages designated with the letters HO followed by a number. "HO" stands for homeowners, and the number stands for different policy coverages and included options.
2019年3月12日 · The policies H02, H03, and H05 refer to different types of homeowner's insurance policies. These policies provide coverage for damages to the home, personal property, and liability protection.
2024年5月25日 · The main difference between an HO2 and an HO3 policy lies in the level of coverage provided. HO2 policies typically offer named perils coverage for both the dwelling and personal property, while HO3 policies offer open perils coverage for the dwelling and named perils coverage for personal property.