The HO-3 policy provides replacement cost protection for which type of property?

The HO-3 policy, also known as the Homeowners 3 policy, is a comprehensive form of homeowners insurance that provides coverage for both the dwelling and personal property. It is important to understand that this policy typically covers the dwelling and other structures on the property at replacement cost, meaning that it will pay for the cost to replace these items without deducting for depreciation, assuming certain conditions are met.

Replacement cost protection applies to the dwelling and other structures such as garages or sheds. For personal property, the policy also generally provides replacement cost coverage, though there may be some limitations or additional considerations for different types of personal belongings.

While animals and birds are not usually included under typical homeowners insurance policies as they don't generally fall under property coverage, the important part of the question is recognizing that the HO-3 policy encompasses a broad range of property, making the inclusion of personal property, dwelling, and other structures in its coverage significant.

In this context, selecting all of the above reflects the understanding that the policy indeed provides expansive protection across various types of property relevant to homeowners, affirming the comprehensive nature of the HO-3 policy.