Which homeowners policy offers the broadest coverage?

The homeowners policy known as HO-5 offers the broadest coverage among the options listed. This type of policy is designed to provide comprehensive protection for both the dwelling (the home structure) and personal property. One of its key features is that it covers an extensive list of perils, meaning it includes coverage for various risks unless specifically excluded. This all-risk approach contrasts sharply with other policies that may only offer named perils, which limit coverage to only those explicitly stated in the policy.

The HO-5 policy not only covers the structure of the home itself but also provides broader protection for personal belongings compared to policies such as the HO-3, which is mostly focused on the structure and has a more limited scope for personal property. The HO-4 and HO-6 policies serve specific needs, such as renters and condo owners, respectively, and thus do not provide the same level of coverage for a standalone dwelling.

In summary, the HO-5 is specifically designed to offer extensive coverage for homeowners, making it the most comprehensive policy available in the standard homeowners insurance options.