Signment: Chapter 10 Protecting Your Property Homeowners have four forms of homeowner's policies (HO-1, HO-2, HO-3, and HO-8), whereas renters and owners 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. Consider the following statements regarding the format of a homeowner's policy. 1. Homes made of brick located in areas with low crime rates and frequent fire hydrants are more likely to experience relatively high premiums, all other things being equal. 2. Section II of the homeowner's policy applies to the dwelling, adjacent structures, and the insured's personal property. 3. A homeowner's policy also protects the trees, plants, and lawn around an insured's home against certain perils. 4. Comprehensive policies provide protection against all perils except for those that are specifically excluded. 5. An HO-8 policy protects your personal property against the same covered perils as are specified in the HO-1 policy. The following statements are true: O Statements 1, 2, 3, and 5 Statement 1 O Statements 3, 4, and 5 O Statements 1, 3, 4, and 5