Which policy form is referred to as the Comprehensive Form?

The Comprehensive Form, referred to as HO-5, provides the broadest coverage available for homeowners' insurance policies. This form covers both the structure of the home and personal property against a wide range of perils. Unlike other homeowner policy forms, such as HO-1 or HO-3, which may have specific exclusions or limited coverage for personal property, the HO-5 specifically includes coverage for both the dwelling and personal belongings on an open-peril basis. This means that unless a peril is explicitly excluded in the policy, it is covered, providing a higher level of protection and peace of mind for the insured.

Other options represent different types of homeowner policies that cater to specific situations, like tenants or modified forms, which do not offer the same extensive coverage as the Comprehensive Form.