What Are The Different Types Of Home Insurance? 
There are 3 policy forms for property insurance . Basic , Broad and Special . Basic will cover , Fire , Lightning , Windstorm or Hail , Explosion , Smoke , Vandalism , Aircraft or Vehicle Collision , Riot or Civil Commotion , Sinkhole Collapse , Volcanic Activity . Broad will cover all of Basic plus falling objects , weight of ice , sleet or snow , and accidental water damage . Special will cover everything that is not specifically excluded . If the policy does not exclude the coverage you are covered . Common exclusion are government action , nuclear hazard , war and military action , flood , fungus and pollution . Special Form gives you the broadest coverage 's . Now with special form you have a choice of an HO3 or an HO5 An HO3 is named perils for personal property and HO5 is open perils minus exclusion for personal property . While HO3 is the most common policy purchased the HO5 is the broadest coverage you can get in a homeowners policy . 