Home & Property

HO-4 Policy (Renters)

The standard renters insurance policy covering personal property, liability, and additional living expenses for tenants.

Last reviewed: May 2026 · Editorial methodology

Definition

The HO-4 (Renters Form) insures tenants who do not own the dwelling they occupy, covering personal property, personal liability, and loss of use when a covered peril forces temporary relocation. Coverage applies on a named-perils basis, with fire, theft, vandalism, and burst pipes among the 16 standard perils. The landlord's building policy does not cover the tenant's belongings — a distinction renters often misunderstand until a loss occurs. Average HO-4 premiums nationally run $15–$25 per month, making renters insurance one of the most affordable lines available. Some landlords and apartment complexes now require proof of HO-4 coverage as a lease condition. Loss-of-use limits are typically 20–30% of the personal-property limit, paying for hotel stays and additional meal costs while the unit is repaired.

Where this term matters

Renters Insurance →Home Insurance →Claims Help Center →

Tip

Glossary definitions are educational. Always check your own policy language — insurers can define common terms differently from one another. When in doubt, request a written explanation from your agent.

Related terms

Named PerilsA coverage approach where only the specific causes of loss listed in the policy are covered.Coverage C (Personal Property)The homeowners policy section that reimburses the policyholder for damaged or stolen personal belongings, such as furniture, electronics, and clothing.Coverage D (Loss of Use)The homeowners policy section paying for additional living expenses when a covered loss makes the home temporarily uninhabitable.Coverage E (Personal Liability)The homeowners policy section that pays legal defense costs and judgments if the policyholder is found liable for bodily injury or property damage to others.Actual Cash Value (ACV)The depreciated value of property at the time of loss — what your insurer pays minus age and wear.Replacement Cost Value (RCV)The cost to replace lost property with new items of similar kind and quality — no depreciation.

Related guides

Source: Cover Forge USA editorial team|Last verified: May 2026|Methodology
Definitions are educational and may be simplified. Always refer to your policy contract and consult a licensed agent for terms that affect coverage decisions.
CF

Cover Forge USA Editorial Team

Editorial Lead

This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.

Reviewed June 2026

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