What it does
The HO 6 insures the unit owner's personal property on a named-perils basis and a Coverage A for the parts of the unit the owner is responsible for, such as alterations, appliances, fixtures and improvements, along with loss of use and loss assessment. ISO's 2022 homeowners program (03 22 editions) is the multistate standard in roughly 40 jurisdictions; the 2011 program (05 11 editions) remains the ISO edition in AL, CA, CT, FL, GA, HI, LA, NC, TX and VI, and North Carolina moves to a 2022-based program on June 1, 2027.
Who needs it
Owners of condominium units and cooperative apartments. Condo association bylaws decide how much of the unit falls on the owner, so read the master deed before setting Coverage A.
Key provisions and limits
- Coverage A on the unit is named perils unless HO 17 32 is attached; Coverage C can be broadened with HO 17 31.
- Loss assessment is limited in the base form; increase it with HO 04 35 (and HO 04 36 for earthquake assessments).
- Renting the unit to others requires HO 17 33.
Quoting and selling notes
- Ask whether the unit is used for a home office or rented short term; both trigger business and rental exclusions.
- Compare the association master policy deductible with the loss assessment limit.
Editions and availability
Editions in use and where they apply: 03 22 (41 jurisdictions); 05 11 (10 jurisdictions: AL, CA, CT, FL, GA, HI, LA, NC, TX, VI).
Homeowners endorsements are built for a specific program edition. When a carrier moves a state from the 2011 (05 11) program to the 2022 (03 22) program, the endorsement editions move with it, so match the endorsement edition to the policy form edition shown on the declarations.
Related forms
HO 17 31, HO 17 32, HO 17 33, HO 04 35, HO 17 47, HO 17 48, HO 00 26 (transition endorsement).
