Which Homeowner form provides open peril coverage for personal property?

The Homeowner form that provides open peril coverage for personal property is the HO-5. This form offers the broadest coverage for personal property, meaning that it covers all types of risks except those specifically excluded in the policy. Open peril coverage is beneficial because it protects against a wide range of potential losses, offering homeowners greater security and peace of mind.

While the HO-3 form provides open peril coverage for the dwelling itself, it typically offers named perils coverage for personal property, meaning only risks specifically listed in the policy are covered. The HO-2 similarly provides named perils coverage, but even more restrictive than HO-3. The distinguishing feature of the HO-5 is its comprehensive nature, making it the best option for those looking for extensive protection for their personal belongings.