What is the primary coverage type of HO-2 homeowners form?

The HO-2 homeowners form, also known as the Broad Form, primarily offers coverage for named perils on the contents inside the insured's home. This means that the policy specifies certain risks or events for which coverage is provided, such as fire, theft, vandalism, and specific natural disasters. If a peril is not listed in the policy, it is not covered, which emphasizes the "named perils" nature of this coverage.

In addition to covering personal property for named perils, the HO-2 form also provides broader coverage for the dwelling itself. However, the focus of the question specifically asks about the primary coverage type for contents, which confirms that it is indeed named perils. This contrasts with open perils coverage, which would cover all risks except those specifically excluded, offering more comprehensive protection.

Understanding this distinction is crucial for homeowners seeking to know their level of protection and what specific risks are covered under their policy.