Which homeowners form is intended for owners of condominiums and includes limited dwelling coverage for improvements?

• A. HO 2
• B. HO 3
• C. HO 4
• D. HO 6

Answer: (D)

This question tests understanding of which homeowners form is designed for condo owners and covers the interior of the unit plus the improvements they've made. The form created for condo owners is HO-6, the unit owners policy. It recognizes that the condo association’s master policy typically covers the exterior and shared areas, so HO-6 focuses on the interior of the unit and the owner’s improvements and betterments. It provides limited dwelling coverage for those interior improvements, along with the usual coverages for personal property, liability, and additional living expenses if the unit is damaged.

Other forms fit different situations: those designed for a single-family home provide full dwelling coverage for the entire house, not specifically the condo interior; the renter’s form covers personal belongings and liability but not the dwelling itself. So HO-6 is the correct choice because it’s tailored for condominium owners and includes the limited dwelling coverage for interior improvements.