What does Homeowners Policy Unit Owners Form 6 mean? Read on to discover the definition & meaning of the term Homeowners Policy Unit Owners Form 6 - to help you better understand the language used in insurance policies.
Homeowners Policy Unit Owners Form 6
Part of the Insurance Services Office, Inc. (ISO), homeowners forms portfolio, the HO 6 form covers the real property interest and the personal property of insureds who own a unit in a condominium or share an ownership interest in a cooperative building. It also provides personal liability coverage and medical payments coverage. This form is similar to the HO 3 in many ways but provides less real property coverage since it is designed to coordinate coverage with a master policy covering the structure and common areas that the condominium or cooperative association purchases.
We hope the you have a better understanding of the meaning of Homeowners Policy Unit Owners Form 6.