Which of the following homeowner's policies is best suited to a renter of an apartment?
A) HO-1
B) HO-2
C) HO-3
D) HO-4
E) HO-8

Question

Quizplus · Accepted Answer

HO-4 is the renter's insurance policy, which is suitable for tenants who do not own property but want to insure their personal belongings and furniture in the event of a covered loss. It provides coverage for personal property, liability, and additional living expenses if the apartment becomes uninhabitable due to a covered loss. HO-1, HO-2, HO-3, and HO-8 are homeowners' policies that are intended for homeowners and not renters.

Which of the Following Homeowner's Policies Is Best Suited to a Renter