Home insurance policies protect what is probably your largest asset. Standard Homeowners insurance policies contain two sections. Section I includes coverage for the dwelling, other structures, personal property, and loss of use. Section II is personal liability. While many policies include similar features, there are actually more differences and options than some people might realize. Each state has some variation of a standard HO-3 policy as well as some enhanced versions. In North Carolina, the enhanced policy form is referred to as an HE-7. In other states, there may not be a separate form- but just an enhanced HO-3.