MLchartDataset catalogue

Homeowners Modified Form 8 (HO 8)

Term · Insurance and risk management · MLC-T-INS-001736

A standardized homeowners insurance policy form designed for older homes where the replacement cost significantly exceeds the market value. This form provides coverage on an actual cash value basis for the dwelling and personal property, and covers a limited number of named perils. It aims to provide basic protection for homes that might otherwise be uninsurable due to their age or condition.

Table 1. Record
IdentifierMLC-T-INS-001736
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001736",
  "term": "Homeowners Modified Form 8 (HO 8)",
  "field": "Insurance and risk management",
  "definition": "A standardized homeowners insurance policy form designed for older homes where the replacement cost significantly exceeds the market value. This form provides coverage on an actual cash value basis for the dwelling and personal property, and covers a limited number of named perils. It aims to provide basic protection for homes that might otherwise be uninsurable due to their age or condition.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/homeowners-modified-form-8-ho-8/"
}

Record 1,666 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.