For most homeowners,Basic Format (HO-1)does not provide adequate protection.

Name: For most homeowners,Basic Format (HO-1)does not provide adequate protection.
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Basic Format (HO-1) is the most basic homeowner's insurance policy and only provides coverage for a limited number of named perils. It does not offer comprehensive protection for most homeowners' needs, making it necessary for them to consider other policies with more extensive coverage options.

For Most Homeowners,Basic Format (HO-1)does Not Provide Adequate Protection