Which Homeowners policy form can provide coverage for a unit owner in a planned development?

The HO-6 form, often referred to as the Condominium Unit Owners policy, is specifically designed to provide coverage for individuals who own units in a planned development, such as condominiums. This policy addresses the unique needs of unit owners by providing coverage for personal property as well as limited coverage for the unit itself, often referred to as "walls-in" coverage.

In a planned development like a condo, the exterior structure and common areas are typically covered by the homeowners' association, but individual unit owners need a specific policy to cover their personal belongings and any improvements they've made within their own unit. The HO-6 form fills this gap by offering effective protection tailored to the specific risk profile of condo living.

This type of policy will also generally include liability coverage, which is important for protecting unit owners against claims for bodily injury or property damage that might occur within their unit or that they may cause to others. By using the HO-6 form, unit owners ensure they have adequate coverage for both their personal property and their responsibilities as part of a larger condominium community.