Which form offers the most extensive coverage for both buildings and contents?

The HO-5 form provides the most comprehensive coverage for both buildings and contents among homeowners insurance options. It is designed for homeowners who want a broad range of protection, offering coverage for both the dwelling and personal property on an open-perils basis. This means that the policy will cover all causes of loss unless specifically excluded, which contrasts with other forms that may have more limited, named-peril coverage.

In the context of this question, while other forms like HO-4 and HO-6 serve specific needs—for renters or condo owners, respectively—they do not provide as extensive coverage for both buildings and personal property. The HO-8 form is primarily designed for older homes, and its coverage is more limited and tailored to actual cash value methods rather than replacement cost.

Thus, the HO-5 form stands out as the most comprehensive option available, ensuring that both structures and contents are well protected against a wide variety of risks, which is crucial for full peace of mind for homeowners.