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gplantam@onebox.com writes:
> Can anyone please tell me the difference in coverage between a H02 and
> H03 homeowners insurance policy?
I simply cannot resist the urge to be the first wiseass to say that the
latter policy is apparently 1 better.
But here's an actually useful answer:
http://en.wikipedia.org/wiki/Home_insurance
HO-2 appears to be "only these listed perils are covered" stuff,
whilst HO-3 is more of an "all perils except blah."
What's right for you depends on your ability to accept risk. I am sure
HO-2 will be a lot cheaper. But, if there's a mortgage on the home,
you may need to verify with the mortgage company whether HO-2 would be
considered acceptable to them.
Best Regards,
--
Todd H.
http://www.toddh.net/
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Re: Difference between H02 and H03 insurance?
