South Carolina Personal Lines Practice Exam

Which policy forms do not include Coverage B - Other Structures?

1. HO-3 and HO-5

2. HO-2 and HO-7

3. HO-4 and HO-6

4. HO-1 and HO-8

The correct answer is: HO-4 and HO-6

Coverage B - Other Structures is an important component of homeowners insurance policies that typically covers structures that are not attached to the main dwelling, like sheds, fences, or detached garages. In the case of HO-4 and HO-6 forms specifically, these are designed for renters (HO-4) and condominium owners (HO-6). The HO-4 policy does not cover the structure itself, as it is meant solely for personal property within a rented apartment or home without providing coverage for the building itself or any other structures on the property. Similarly, the HO-6 policy is tailored for condominium owners and primarily covers personal property and improvements to the interior of the unit, but it does not provide coverage for structures that are outside the unit or any common areas. Thus, these two forms omit Coverage B altogether, focusing on personal property protection rather than structural coverage, which makes them different from other homeowner policies like HO-1, HO-2, HO-3, HO-5, or HO-7 that typically include Coverage B.