Is Homeowners Insurance Different From Hazard Insurance? 
These are variation of terms for the same thing . Homeowners insurance was first called fire insurance . The term fire insurance is still used today but in the industry is more oftenrefereedto rental properties . Other terms are HO3 or HO5 which are types ofcoverage ` sfor homeowners insurance . So whether homeowners , hazard or fire insurance , you are using generic variations of the same thing . 