What it does
Revises the definition of "residence premises" so it ties to where the named insured actually resides, which matters for vacancy, seasonal use and coverage of the dwelling.
Who needs it
Carriers that adopt the revised definition; agents should note it on second homes and homes not occupied by the named insured.
Quoting and selling notes
- HO 06 49 provides a broadened definition; HO 17 47 and HO 17 48 are the unit-owners versions.
Editions and availability
Editions in use and where they apply: 03 22 (39 jurisdictions); 10 15 (9 jurisdictions: AL, CT, FL, GA, HI, LA, TX, VI, WA).
Homeowners endorsements are built for a specific program edition. When a carrier moves a state from the 2011 (05 11) program to the 2022 (03 22) program, the endorsement editions move with it, so match the endorsement edition to the policy form edition shown on the declarations.
