homeowner insurance大家都选HO3还是HO5呢？# Living
x*o
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quote出来，HO5比HO3贵了100多块钱。新手完全木经验，感觉HO3的16条好像挺全面的
，不知道有没有必要买HO5。大家都是怎么决定的呀？多谢！
Named perils for HO3 policy.
A standard HO3 policy offers coverage for 16 named perils as mentioned below
1. Theft
2. Fire or Lightning
3. Explosion
4. Smoke
5. Freezing
6. Vehicles
7. Falling Objects
8. Volcanic Eruption
9. Windstorm or Hail
10. Riot or Civil Commotion
11. Damage caused by Aircraft
12. Vandalism or Malicious Mischief
13. Damage due to weight of Ice, Snow, or Sleet
14. Sudden & Accidental Tearing Apart, Cracking, Burning, or Bulging
15. Sudden & Accidental Damage from Artificially Generated Electric Current
16. Accidental Discharge or Overflow of Water from Plumbing, Air
conditioning etc.
Excluded perils for both HO3 and HO5 policy
The exclusions are more or less same for both HO3 and HO5 insurance policies
as mentioned below:
1. Power failure
2. Industrial pollution or smoke
3. Earth movement (earthquake)
4. Water damage due to flood
5. Intentional loss
6. War
7. Nuclear Accidents
8. Pets and other animals, insects and pests
9. Settling, wear and tear
10. Act of negligence
11. Actions taken by government and other associations
12. Legal action due to lack of proper permits, defective construction,
design or maintenance
13. Theft or Damage from vandalism in vacant dwellings or in dwellings under
construction
14. Deterioration due to weather conditions, that aggravates other excluded
causes of loss
，不知道有没有必要买HO5。大家都是怎么决定的呀？多谢！
Named perils for HO3 policy.
A standard HO3 policy offers coverage for 16 named perils as mentioned below
1. Theft
2. Fire or Lightning
3. Explosion
4. Smoke
5. Freezing
6. Vehicles
7. Falling Objects
8. Volcanic Eruption
9. Windstorm or Hail
10. Riot or Civil Commotion
11. Damage caused by Aircraft
12. Vandalism or Malicious Mischief
13. Damage due to weight of Ice, Snow, or Sleet
14. Sudden & Accidental Tearing Apart, Cracking, Burning, or Bulging
15. Sudden & Accidental Damage from Artificially Generated Electric Current
16. Accidental Discharge or Overflow of Water from Plumbing, Air
conditioning etc.
Excluded perils for both HO3 and HO5 policy
The exclusions are more or less same for both HO3 and HO5 insurance policies
as mentioned below:
1. Power failure
2. Industrial pollution or smoke
3. Earth movement (earthquake)
4. Water damage due to flood
5. Intentional loss
6. War
7. Nuclear Accidents
8. Pets and other animals, insects and pests
9. Settling, wear and tear
10. Act of negligence
11. Actions taken by government and other associations
12. Legal action due to lack of proper permits, defective construction,
design or maintenance
13. Theft or Damage from vandalism in vacant dwellings or in dwellings under
construction
14. Deterioration due to weather conditions, that aggravates other excluded
causes of loss
