Which form provides broad coverage for homeowners?

The HO5 form offers broad coverage for homeowners as it is specifically designed to provide extensive coverage for both the structure of a home and the personal belongings of the insured. This form categorizes personal property coverage on an open perils basis, meaning it covers risks unless they are specifically excluded. This contrasts with other homeowners' policies like the HO1 and HO2, which provide more limited or named perils coverage for personal property. The HO4 form is intended for renters and does not cover the structure, focusing solely on personal property. Therefore, the HO5 policy stands out for its comprehensive protection, making it the best option for homeowners who seek thorough coverage for their property and possessions.