North Carolina

HO3 – Homeowners Policy

The Homeowners 3 policy form is referred to as an all-risk or open peril policy, covering your home from perils such as fire, lightning, theft and wind.  The HO3 policy also includes coverage for your personal property and other structures associated with your home, as well as temporary provisions when your home is not livable.  Personal liability and medical payments to others are also included.  Ask your insurance representative about any optional coverages you may want to add.  Carefully read the policy to determine what is covered and what is not, as well as your responsibilities in the event of a loss.

MHO3 – Manufactured Homeowners Policy

The Manufactured Homeowners 3 policy form protects you against loss to your home and personal belongings.  The MHO3 policy also provides additional living costs, for a period of time, should your home become uninhabitable due to a fire or other covered loss.  Personal Liability is another important feature of manufactured homeowners insurance that protects your assets if someone is injured on your property.