What does an HO-4 policy cover?

An HO-4 policy, commonly referred to as renters insurance, is specifically designed to cover personal property owned by the policyholder who is renting a home or apartment. This type of policy is tailored for individuals who do not own the physical structure they are living in, focusing instead on protecting their personal belongings against various risks such as theft, fire, and vandalism.

Unlike policies that cover real estate or buildings, which cater to homeowners, the HO-4 policy exclusively addresses the needs of renters by ensuring that their possessions are financially protected. It does not cover liability automatically, although many renters may choose to add liability protection separately. The key focus is on personal property, making this policy essential for renters who want to safeguard their valuables.