What does HO-3 and HO-6 mean mean on homeowners policy?

HO-3 and HO-6 are types of homeowners insurance policies. An HO-3 policy is a standard form that provides broad coverage for a homeowner's dwelling and personal property, covering risks unless explicitly excluded. In contrast, an HO-6 policy, often referred to as a condo insurance policy, is specifically designed for condominium owners, covering personal property and certain parts of the structure while typically requiring the condo association to cover the exterior and common areas. Both policies include liability protection as well.