Which Homeowner Policy Form provides comprehensive coverage including direct physical loss, unless explicitly excluded?

The Comprehensive Form HO 00 05 is designed to provide a broad scope of coverage for homeowners. This form offers coverage for a wide range of perils, meaning it covers direct physical loss to the dwelling and personal property unless a specific exclusion is mentioned in the policy. This stands in contrast to other forms that may have narrower coverage.

The Basic Form HO 00 01 is more limited in scope, typically covering only specific named perils and not providing the extensive coverage available under the Comprehensive Form. The Special Form HO 00 03, while it offers coverage for many types of risks, it focuses on the dwelling itself and typically includes exclusions that may not be present in the Comprehensive Form. The Unit Owners Form HO 00 06 is tailored to those who own a unit in a condominium and is not designed for traditional single-family homes, thus it does not offer the same kind of comprehensive coverage intended for standalone residences as seen in the Comprehensive Form.

Thus, the Comprehensive Form HO 00 05 is recognized for its inclusive coverage and is specifically structured to cover losses unless they are explicitly excluded in the policy, making it the correct answer.