Which homeowner form is specifically designed for individuals renting their homes?

The form specifically designed for individuals renting their homes is the HO-4, commonly referred to as the renters insurance policy. This type of insurance provides coverage for personal property and liability but does not cover the physical structure of the home, which is generally the responsibility of the landlord.

Renters insurance, as outlined in the HO-4 form, protects tenants against risks like theft, fire, and certain types of water damage, while also offering liability protection in case someone is injured on their property. Since renters do not own the dwelling itself, this form focuses on the personal belongings and potential liabilities of the tenant, making it the most suitable choice for individuals who are renting their homes.

The other forms serve different purposes: the HO-5 is a comprehensive coverage policy typically for owner-occupied homes; the HO-6 covers condominium unit owners; and the HO-8 is designed for older homes that may not meet current construction standards or rebuilding costs. Each serves unique coverage needs, emphasizing why the HO-4 is the correct choice for renters.