A typical HO-3 keeps personal property on named perils while the dwelling is open perils except listed exclusions. HO 00 05 puts personal property on open perils with the dwelling.
HO-2 pays only named perils on the house and contents. HO-3 is open-peril on the dwelling; contents stay named-peril in South Carolina and North Carolina.
A typical HO-3 can stay in force while a primary house sits empty, but vandalism and building glass commonly stop after 60 consecutive days of vacancy. Confirm how the form defines vacant versus unoccupied and arrange a vacancy permit before move-out.
A typical HO-3 in South Carolina and North Carolina covers damage from a sudden, accidental plumbing discharge such as a burst pipe. Gradual seepage, wear, and frozen pipes in an unheated vacant house often fall outside that coverage.
A 2022 ISO HO-3 in the Carolinas usually caps property used primarily for business at $3,000 on the residence premises and $1,500 away, and it excludes injury arising out of a business conducted from the home. HO 04 12 can raise the property cap; HO 07 01 can add property, income, and liability for an eligible owned practice, but not professional liability.
