MLchartDataset catalogue

Homeowners Policy Special Form 3 (HO 3)

Term · Insurance and risk management · MLC-T-INS-001742

A common homeowners insurance policy that provides open perils coverage for the dwelling and other structures, meaning all causes of loss are covered unless specifically excluded. Personal property, however, is covered on a named perils basis, protecting against a list of specified risks. This form offers a balance of broad dwelling coverage and more limited personal property coverage.

Table 1. Record
IdentifierMLC-T-INS-001742
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-001742",
  "term": "Homeowners Policy Special Form 3 (HO 3)",
  "field": "Insurance and risk management",
  "definition": "A common homeowners insurance policy that provides open perils coverage for the dwelling and other structures, meaning all causes of loss are covered unless specifically excluded. Personal property, however, is covered on a named perils basis, protecting against a list of specified risks. This form offers a balance of broad dwelling coverage and more limited personal property coverage.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/homeowners-policy-special-form-3-ho-3/"
}

Record 1,672 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.