What are the different forms of the homeowner's policy? Homeowners have four forms of homeowner's policies (HO-1, HO-2, HO-3, and HO-8), whereas renters and owners of condominlums 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. The HO-1, HO-2, HO-3, and HO-8 policles differ ih the breadth of their coverages, with HO1 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 speciffed additional expenses resulting from their occurrence. 3. The HO-4 and MO-6 policies provide only personal effects coverage because the insured doesn't own the premises. 4. Acts for which the insured is negligent are often excluded from the comprehensive personal Hability coverage. 5. Part F of Section II provides medical payments coverage for certain types of minor aceidents involving persons other than the homeowner's family members in or around the home and off premises. The following statements are true: Statements 1,2 , and 4 Statements 1 and 2 Statements 1,2 , and 5 Statements 2 and 5 Comprehensive personal liobility coverage is provided under of the homeowner's policy. Although it protects against nearly any source of liability resulting from negligence, there are exciusions, including incidents involving the following: Lbel, slander, or defamption of character Large dogs, showmobile accidents, and swimming pool accidents Which of the following are coverages provided by Section II of the homeowner's policy? Check all that apply. Contractual wrongdoing The cost of defending the insured homeowner The costs of injuries from intentional harm The payment of court costs Consider the following situations and, based solely on the information given, indicate the most appropriate form of homeowner's policy ar supplementol floster. An individubl who owns an extensive art collection or furs or fine art that is worth more than the traditional coverage provided by Part C of the homeowner's polscy recelves better protection using which of the following insurance products? A blanket personal property noater A scheduled personal property foater An HO-8 policy