There are many different types of home insurance policies available today. However, in reality, there are only 7 different types of ISO-certified home insurance policies. Each insurance company just adds onto the policy and calls it their own. Here are the 7 different types of ISO-certified home insurance policies.
HO – 1
HO - 1 is the most basic home insurance policy that covers only basic perils such as lightening damage or theft. This is ideal for people who are looking for affordable coverage.