HO-6

Business & Finance abbreviation · Insurance

HO-6
Stands forHomeowners 6 unit-owners form
CategoriesBusiness & Finance

HO-6 stands for Homeowners 6 unit-owners form, an insurance abbreviation.

Condominium owner's policy covering the interior of the unit, improvements, personal belongings, liability and loss assessments, complementing the association's master policy on the building.

Example: The HOA master policy is "walls out," so I need an HO-6 for the kitchen and floors.

Usage notes

Coverage needs depend on whether the association's master policy is "bare walls," "single entity" or "all-in." Loss assessment coverage helps pay a unit owner's share of large association claims.

More insurance abbreviations

  • GL – General liability insurance
  • GUL – Guaranteed universal life
  • GWP – Gross written premium
  • HO-3 – Homeowners 3 special form
  • HO-4 – Homeowners 4 contents broad form
  • HO-5 – Homeowners 5 comprehensive form
  • IBNR – Incurred but not reported
  • IDV – Insured declared value
  • ILIT – Irrevocable life insurance trust
  • ILS – Insurance-linked securities
  • ISO – Insurance Services Office
  • ITV – Insurance to value

See all 86 insurance abbreviations →

Edited by the AbbreviationList.com team. Spotted an error or a missing meaning? Contact us.