Show Menu
Cheatography

Homeowner's Insurance Cheat Sheet by

Covers all coverages, typical limits and exclusions for HO policies.

Limits of Liability

 
HO-2
HO-3
HO-4
HO-5
HO-6
HO-8
A
Primary
Primary
N/A
Primary
$1000
Primary
B
1-2 families: 10% | 3-4 families 5%
1-2 families: 10% | 3-4 families 5%
N/A
1-2 families: 10% | 3-4 families 5%
N/A
1-2 families: 10% | 3-4 families 5%
C*
2:50% 3:30% 4:25%
2:50% 3:30% 4:25%
Primary
2:50% 3:30% 4:25%
Primary
2:50% 3:30% 4:25%
D
30% of A
30% of A
30% of C
30% of A
50% of C
10% of A
E
$100k
$100k
$100k
$100k
$100k
$100k
F**
$1k
$1k
$1k
$1k
$1k
$1k
* format n1;n2 where n1 is max # of families and n2 is coverage as a percentage of A
**per person/per occurrence

Perils

Peril
HO-2
HO-3
HO-4
HO-5
HO-6
HO-8
Fire
✔*
Open Peril
Lightning
✔*
 
Wind/Hail
✔*
 
Explosion
✔*
 
Riot
✔*
 
Aircraft
✔*
 
Vehicles
✔*
 
✔¹
Smoke
✔*
 
✔²
Vandalism
✔*
 
Theft
✔*
 
Volcano
✔*
 
Falling Objects
✔*
 
Weight of Ice/Sn­ow/­Sleet
✔*
 
Water/­Steam Discharge
✔*
 
✔³
Accidental Rupture
✔*
 
Freezing of Plumbing
✔*
 
Artificial Current
✔*
 
*Only Section II coverages are named, section I coverages are open peril.
¹ Excludes fences, driveways and walkways
² Excludes fireplace smoke
³Includes costs to tear out and replace area of the building to repair system
   

Coverage C Special Limits

Coverage
Property
$200
Money, coins, precious metal (not tableware)
$1,500
Securi­ties, manusc­ripts, valuable paper property*
$1,500
Watercraft and their trailers
$1,500
Electr­onics used in Auto
$1,500
Electr­onics used for business
$1,500
Trailers or for watercraft
$500
Property used for business on premises
$2,500
Property for business off premises
*including research, restore or replac­ement costs

Special Limits for Theft

Coverage
Property
$1,500
Jewelry, watches, furs, precious stones
$2,500
Silver, gold, or pewter tableware
$2,500
Firearms
           
 

Comments

No comments yet. Add yours below!

Add a Comment

Your Comment

Please enter your name.

    Please enter your email address

      Please enter your Comment.

          Related Cheat Sheets

          DNA as the Genetic Material Cheat Sheet