MLchartDataset catalogue

Homeowners Policy Broad Form 2 (HO 2)

Term · Insurance and risk management · MLC-T-INS-001738

A type of homeowners insurance policy that provides named perils coverage for both the dwelling and personal property. This means it insures against losses caused by specific events listed in the policy, such as fire, lightning, windstorm, hail, explosion, and theft. It offers more protection than a basic HO 1 policy but less than an all-risk HO 3 policy.

Table 1. Record
IdentifierMLC-T-INS-001738
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001738",
  "term": "Homeowners Policy Broad Form 2 (HO 2)",
  "field": "Insurance and risk management",
  "definition": "A type of homeowners insurance policy that provides named perils coverage for both the dwelling and personal property. This means it insures against losses caused by specific events listed in the policy, such as fire, lightning, windstorm, hail, explosion, and theft. It offers more protection than a basic HO 1 policy but less than an all-risk HO 3 policy.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/homeowners-policy-broad-form-2-ho-2/"
}

Record 1,651 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.