Compare policy forms, standard coverages, liability protections, deductibles, and optional endorsements across all primary American insurance categories.
Toggle between property insurance and auto insurance options to explore real-world coverage components, deductibles, and eligibility considerations.
| Coverage Dimension | Homeowners Insurance (HO-3 and HO-5) | Renters Insurance (HO-4) | Landlord Policy (DP-3) |
|---|---|---|---|
| Target Policyholder | Owner-occupants of single-family homes, townhomes, or duplexes. | Tenants leasing apartments, condominiums, or single-family rental homes. | Property investors and landlords renting properties to residential tenants. |
| Dwelling Structure (Coverage A) | Included (Replacement Cost) Covers exterior walls, roof, foundation, built-in systems. |
Not Included Building structure is insured exclusively by property owner. |
Included (Core Coverage) Insures physical rental building against named perils or open perils. |
| Other Structures (Coverage B) | Included (Typically 10% of A) Detached garages, sheds, fences, retaining walls. |
Not Included | Optional Endorsement Can be added for detached tenant storage units or fences. |
| Personal Belongings (Coverage C) | Included (50% to 70% of A) Furniture, electronics, clothing, and kitchenware anywhere in the world. |
Included (Core Coverage) Tenant chooses custom limit (commonly $15,000 to $60,000). |
Landlord Furnishings Only Only covers landlord-owned appliances and maintenance equipment. Does not cover tenant belongings. |
| Loss of Use and Living Expenses | Included (20% to 30% of A) Reimburses hotel bills, meals, and extra costs if home is uninhabitable. |
Included (Typically 20% of C) Reimburses temporary housing and relocation while rental is repaired. |
Not Applicable for Landlord Landlord does not live on premises. |
| Loss of Rental Income (Fair Rental Value) | Not Standard | Not Applicable | Included (Coverage D) Replaces lost tenant rent while building undergoes covered repairs. |
| Personal Liability Protection | Included ($100k to $500k standard) Protects against lawsuits for visitor injuries or property damage. |
Included ($100k to $300k standard) Covers accidental damage to rental unit or neighbor property (e.g. bathtub overflow). |
Requires Premises Liability Commercial landlord premises liability must be attached. |
| Medical Payments to Guests | Included ($1,000 to $5,000) No-fault medical bill coverage for injured visitors. |
Included ($1,000 to $5,000) | Optional Endorsement |
| Water Backup and Sump Overflow | Endorsement Required Standard HO-3 policies exclude sewer and drain backups unless added. |
Optional Endorsement | Endorsement Required |
| Standard Deductible Structure | $1,000 to $2,500 standard. Wind or hail damage may carry separate percentage deductibles (1% to 5%) in coastal regions. | $250 to $500 flat deductible per claim. | $1,000 to $5,000 per occurrence. |
| Auto Insurance Cross-Comparison |
Looking for Automobile Coverage Comparison? Personal auto policies operate under distinct state statutes. Mandatory liability limits (e.g., 25/50/25), personal injury protection, collision, and comprehensive coverage are evaluated on our dedicated auto options page. View Auto Coverage Limits and Options Matrix → |
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Always confirm whether your personal belongings are covered under Replacement Cost Value (RCV) or Actual Cash Value (ACV). Actual cash value deducts depreciation for age, meaning an eight-year-old laptop will only reimburse a fraction of buying a new one.
An HO-3 policy covers the dwelling structure on an open perils basis (covered unless explicitly excluded), while personal property is covered on a named perils basis (covered only for specific listed causes like fire, theft, smoke, or hail).
No standard homeowners, renters, or landlord policy covers rising floodwaters or seismic earthquake activity. Homeowners in designated flood zones or fault areas must secure separate flood or earthquake policies.
