Free Texas General Lines Property and Casualty Exam Flashcards

The HO-2 broad form uses a named perils basis for both the dwelling and the personal property. A loss is covered when the cause of loss appears on the listed perils, such as fire, lightning, windstorm or hail, theft and vandalism. A cause that is not listed is not covered, so the client does not receive the wider dwelling protection that comes with the special form.