3. The form and format of the homeowner's insurance policy What Are the Different Forms of the Homeowner's Policy? Homeowners have four forms of homeowner's policies (Ho- Ho-2, HO-3, and HO-8)r whereas enters and owners 1r of condominiums have two forms (Ho-4 and Ho-6). Although there are differences in the coverages provided by the different policies, their formats tend to be the same. Which of the following statements regard ng the format of a homeowner's policy are true? 1. The HO-1, HO-2, HO-3, and HO-8 policies differ in the breadth of their coverages, with HO-1 offering the greatest protection and Ho-3 offering the least amount of coverage 2. Homeowner's policies provide protection and compensation for direct and indirect losses, and specified additional expenses resulting from their occurrence. 3. The HO-4 and HO-6 policies provide only personal effects coverage because the insured doesnt own the premises. 4. Acts for which the insured is negligent are often excluded from the comprehensive personal liability coverage. 5. Part F of Section II provides medical payments coverage for certain types minor accidents involving persons other than the homeowner's family members in or around the home and off premises The following statements are true: O Statements 2 and 5 O Statements 1 and 5 O Statements 2, 3, and 4 O Statements 1, 2, 3, and 5