Which insurance policy provides the broadest coverage for dwellings and personal property?

The HO-5 Comprehensive Form is recognized for offering the most extensive coverage available for dwellings and personal property. This form encompasses coverage for both the structure of the home and personal belongings on an all-risk basis, which means it covers a wide array of potential perils unless they are specifically excluded.

In contrast, other forms such as the HO-3 Special Form primarily cover the dwelling on an all-risk basis but limit personal property coverage to named perils, which restricts the breadth of protection for personal belongings. The HO-4 Broad Form Tenants is designed specifically for renters, providing only liability and personal property coverage, without any coverage for the structure itself. The HO-8 Modified Form is tailored for older homes and typically provides more limited coverage than the HO-3 and HO-5, focusing on actual cash value rather than replacement cost.

Thus, the HO-5 is the most comprehensive option, making it the best choice for those seeking maximum coverage for both their home and personal property.