So What is an HO-5 Policy?
June 7, 2011 Leave a comment
When you are purchasing a Condominium, you need an HO-5 form. This form is designed with the Condo in mind. It provides open peril coverage on personal property and contents of the insured, in addition to open peril coverage on the dwelling and other structures.
Losses to personal property and contents are paid on an actual cash basis and losses to the dwelling are paid on a replacement cost basis.
Find out more by contacting Denvers Insurance and speak to one of our Insurance Agents.
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About Karen W. Schneider
Karen W. Schneider
Mark A. Schneider
