The following are several basic types of insurance policies:

• HO3 – Special Homeowners policy which covers the structure and all risks of loss except those excluded in the policy. (HOB is available in Texas.)

• HO6 – For owners of co-ops or condominiums. This coverage can provide personal property coverage and liability coverage to the owner’s unit for additions and alterations.

• Dwelling Fire – A dwelling fire policy covers dwellings and personal property against the perils of fire, wind, explosion, smoke, vandalism and other covered losses. Additional optional coverage may also be available.