HO-6 policy is designed for which type of property?

• A. Owner-occupied single-family homes
• B. Tenant's policy
• C. Condominium or cooperative unit owner
• D. Landlord rental properties

Answer: (C)

HO-6 is the unit-owners policy written for condominium and cooperative unit owners. It focuses on insuring the interior of the unit, including improvements and fixtures the owner has added, plus the owner’s personal property and liability. Because the condo or co-op association’s master policy typically covers the building’s structure and common areas, the individual owner doesn’t need broad dwelling coverage for the exterior. HO-6 fills the gaps by protecting the interior space, improvements, personal belongings, and liability, and it can include loss assessment coverage if the HOA charges members for damage to common areas. This combination is why HO-6 is the appropriate choice for condo or cooperative unit owners, rather than for tenants, single-family homes, or landlord rental properties.