From: emulemul@yahoo.com
Newsgroups: misc.consumers.house
Subject: Re: Difference between H02 and H03 insurance?
Date: 25 May 2006 16:33:18 -0700
   posting-account=Mtd7Rw0AAACQKFV2qMkocJl8E8iVptyi

Ah ha.
Wikipedia says:

"
HO-8
It is usually called "older home" insurance. It lets house owners with
higher replacement cost than the market value insure them at the lower
market value rate.
"

I wonder what the drawbacks are.