Which of the following types of claims would an HO-2 policy typically provide coverage for?

An HO-2 policy is known as a broad form homeowners insurance policy. This type of policy provides coverage for specific named perils, which are explicitly detailed in the policy document. This means that rather than covering all risks that could potentially cause damage to a home or its contents, the HO-2 policy offers protection only against those risks that the insurer has agreed to cover. Common named perils under an HO-2 policy typically include things like fire, theft, vandalism, and certain natural disasters.

The focus on named perils distinguishes the HO-2 policy from more comprehensive options like an HO-3 policy, which does provide coverage for all risks except those specifically excluded. Therefore, understanding that an HO-2 policy operates on the basis of covering specific named perils clarifies the appropriate choice regarding what type of claims would be covered under such a policy.