What type of coverage does an HO-4 policy provide?

An HO-4 policy, also known as renters insurance, provides coverage specifically designed for tenants who occupy a rented home or apartment. This type of insurance typically covers personal property against risks such as theft, fire, and vandalism. Additionally, it may offer liability protection, which could help the policyholder in the event that someone is injured on their rented property or if they accidentally cause damage to the landlord's property.

Renters insurance under the HO-4 policy does not include coverage for the structure itself, as that is the responsibility of the landlord, nor does it apply to homeowners or condominium owners, which would require different types of policies. It is tailored to meet the needs of individuals who do not own the property they reside in but still want to safeguard their belongings and protect themselves against potential liabilities.