A policy written to cover personal property only would be which homeowner's form?

The correct choice for a policy that covers personal property only is the HO4 form, commonly known as renter's insurance. The HO4 policy is designed specifically for tenants who do not own the structure in which they live, but want to protect their personal belongings. It provides coverage for personal property against specified perils, making it suitable for individuals renting a residence.

This form is particularly important because it acknowledges that, unlike homeowners who also need coverage for the dwelling, renters primarily focus on safeguarding their belongings from risks such as theft, fire, and vandalism. The HO4 does not offer liability coverage for the structure itself, as that responsibility falls to the landlord or property owner.

In contrast, the other forms are intended for different coverage needs: HO2 and HO3 are primarily for homeowners and include both structure and property coverage, with HO3 being the most comprehensive, while HO5 is similar to HO3 but offers broader coverage terms. Thus, the distinctive purpose of the HO4 form sets it apart as the correct answer for personal property coverage only.