In the context of homeowners insurance, which policy form is most suitable for those who occupy rental units?

The most suitable policy form for individuals who occupy rental units is the HO-4 policy, commonly known as Renters Insurance. This type of insurance is specifically designed for tenants who do not own the building they live in but want to protect their personal belongings and cover their liability.

The HO-4 policy typically covers personal property against various risks, such as theft, fire, and vandalism, as well as providing liability protection in case someone is injured in their rental unit. It does not cover the physical structure of the building itself, which is the responsibility of the landlord's insurance.

Other policy forms do not fit the needs of renters as well as the HO-4 does. The HO-3 is intended for homeowners and provides coverage for both the structure and personal property. The HO-5 offers a more comprehensive coverage option for owners of single-family residences. The HO-6 is designed for condominium owners, covering both personal property and the interior structure of the unit, but is still not applicable to those merely renting. Therefore, the HO-4 remains the most appropriate choice for anyone occupying rental units.