Insurance companies may sell several types of homeowners policies in Texas, each with a different level of coverage. Three of the policy forms available -HO-A, HO-B, and HO-C - are standardized. This means the policy language and coverages are the same, regardless of the company writing the policy. Keep in mind, however, that although an HO-B policy written by one company will provide exactly the same coverages as an HO-B policy written by another, the two companies may charge widely different rates.