What types of items are included under HO3 coverage?

The HO3 policy, also known as the Homeowners 3 Special Form, provides comprehensive coverage for a variety of personal property items within the home. It typically covers personal property against broad risks unless specifically excluded. Among the types of items included under HO3 coverage are personal belongings that are used for daily living, like lawn mowers and wheelchairs, which are considered personal property that can be damaged or destroyed due to covered perils.

Lawn mowers, for example, are often used as part of maintaining one’s yard, while wheelchairs serve as necessary assistance devices for mobility. Both categories align with the policy's intent to cover items typically present in a home environment and essential for personal use. This coverage is especially relevant for personal property located within the home and often extends to items specifically used on the property.

In comparison, jewelry and furs, coins and cash, as well as computers and electronics, may have specific limitations or exclusions under HO3 policies, reflecting their higher value or the specific risks associated with them. Therefore, understanding the HO3 policy provides insight into how personal property coverage is structured, illustrating why lawn mowers and wheelchairs fall under the umbrella of covered items.