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WHO OFFERS THE BEST HOME OWNERS INSURANCE?

Updated: 8/21/2019
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Wiki User

9y ago

Best Answer

It's not a matter of which company but rather which Policy form you purchase.

The best,, or rather the most comprehensive homeowners insurance policy would be found on the Homeowners Form 3 policy. It is also referred to as an HO3 or sometimes as an HOC and rarely it is called an "All Risk" policy.

Here is a break down of the three policy types available in the U.S.

HO1 - Basic Coverage
HO2 - Extended Coverage
HO3 - Broad Coverage

It does not matter which company you buy it from except that not all companies offer the HO3.

Update - A new product is now being offered in a HO5 Policy by some insurers that is said to be even better than the traditional HO3 policy form.

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8y ago
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