Texas · Occupancy picks the form
An HO-3 assumes you live in the house. A house you rent out needs a landlord form. Loss of rent pays only after a covered peril makes the unit unlivable.
Homeowners personal property, liability, and loss of use are built around an owner who sleeps there. Once tenants occupy it, those assumptions break. The dwelling form insures the building you own. It does not insure the tenant’s furniture. The tenant’s renters policy, often an HO-4, covers their belongings and their liability. It does not rebuild your house. Texas does not set a statewide dollar minimum for renters insurance. A lease can still require a liability limit. Naming you as an interested party gives you notice if their policy cancels. It does not make you an additional insured, and it does not insure the building.
The owner-occupant side: Texas homeowners, what it covers, and the product page. The rental side, without a fake premium: what moves landlord cost. A house you use yourself part of the year is a third case: second homes. The tenant’s policy: renters insurance.
