Homeowners Policy (HO)Question 136 of 53182% of test-takers answer this correctly

Which homeowners form is intended for a condominium unit owner and includes a loss-assessment coverage for assessments levied by the condo association?

a.HO-3
b.HO-4
c.HO-8
d.HO-6

Explanation

The HO-6 is the condo unit-owners form. It covers interior building items the owner is responsible for (cabinets, flooring, fixtures), personal property, additional living expense, liability, and medical payments. A built-in loss-assessment coverage responds when the homeowners association assesses unit owners for a covered loss to common property, subject to the policy's assessment limit.

Law Reference: ISO HO-6 Unit-Owners Form

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