What does HO-2 mean? Read on to discover the definition & meaning of the term HO-2 - to help you better understand the language used in insurance policies.
Form No. 2 (HO-2) refers to homeowners insurance that provides protection over the dwelling and other structures, whether attached or detached, and personal property in the home against 16 named perils. HO-2 is also referred to as a broad form because it offers more coverage than HO-1.
We hope the you have a better understanding of the meaning of HO-2.