The HO-4 form is most suitable for which type of individual?

The HO-4 form, also known as a renter's insurance policy, is specifically designed for individuals who rent their living space rather than own it. It provides coverage for personal property against various perils, such as theft or damage, and also offers liability protection for renters, which is essential since they do not have the same coverage as homeowners for the structure itself.

Unlike homeowners who would need a policy that covers both their home and personal property, renters benefit from the more affordable and tailored coverage of the HO-4, which focuses entirely on the belongings within the rented space. This makes it particularly suitable for individuals who lease their accommodation and need to protect their possessions without covering the property itself, which is the landlord's responsibility.

Other choices, such as homeowners, landlords, and property owners, would not apply to the HO-4 form since they typically require more comprehensive insurance policies that cover the structure and other related risks associated with property ownership.