A type of the premium insurance policy, the HO 5 policy will provide a great protection and a greater coverage limits as compared to the other homemaker policies that are available out there. HO-5 is considered to be a comprehensive form of policy that is being offered to the homemakers. In this policy, you can get both your home and personal insurance covered up. Also the HO 5 insurance coverage is the broadest form of the home insurance that can be availed by you.
What are the perils that are not being included in the home and personal property?
- Nuclear hazard
- Intentional loss
- Any kind of action that is taken by the government
- Collapse ( some amount might be included in the coverage)
- Power failure
- Smog, rust and corrosion
- A breakdown due to mechanical problems
- Wear and tear