MLchartDataset catalogue

Homeowners Policy Comprehensive Form 5 (HO 5)

Term · Insurance and risk management · MLC-T-INS-001739

An insurance policy that provides comprehensive coverage for both the dwelling and personal property, protecting against all perils unless specifically excluded. This form offers broader protection than other homeowners' policies, such as HO-3, which covers personal property only on a named perils basis. It is designed for newer homes and those with higher values.

Table 1. Record
IdentifierMLC-T-INS-001739
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001739",
  "term": "Homeowners Policy Comprehensive Form 5 (HO 5)",
  "field": "Insurance and risk management",
  "definition": "An insurance policy that provides comprehensive coverage for both the dwelling and personal property, protecting against all perils unless specifically excluded. This form offers broader protection than other homeowners' policies, such as HO-3, which covers personal property only on a named perils basis. It is designed for newer homes and those with higher values.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/homeowners-policy-comprehensive-form-5-ho-5/"
}

Record 1,669 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.