Texas All Lines Adjuster Practice Test

Which HO Form is known as the "contents broad form"?

1. HO Form 3

2. HO Form 4

3. HO Form 5

4. HO Form 6

The correct answer is: HO Form 4

The term "contents broad form" refers specifically to the HO Form 4, which is designed primarily for renters or tenants. This form provides coverage for personal property within a rented or leased dwelling, offering protection against a variety of risks, including fire, theft, vandalism, and certain types of water damage. This distinction is important as it helps tenants secure their valuable personal items without needing to insure the physical structure of the property they do not own. The other forms mentioned serve different purposes: HO Form 3 typically covers homeowners with more comprehensive protection for both the dwelling and personal property, while HO Form 5 and HO Form 6 are tailored for more specialized situations, including newer homes and specific types of condominium dwelling units. Understanding these differences in coverage helps individuals and property owners choose the correct form to suit their unique insurance needs.