HOMEOWNERS GROUP INC
SC 13G/A, 1995-10-16
INSURANCE AGENTS, BROKERS & SERVICE
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                 AMENDMENT NO. 5

                             HOMEOWNERS GROUP, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          COMMON STOCK, $.01 PAR VALUE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   43739N-10-7
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

                                Page 1 of 5 pages
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                              CUSIP NO. 43739N-10-7

(1)      Names of Reporting Persons           SANDRA BERNSTEIN

         S.S. or I.R.S. Identification Nos. of Above Person ###-##-####

(2)      Check the Appropriate Box if a Member of a Group
         (See Instructions)  (a)   [ ]    (b)   [ ]

(3)      SEC Use Only

(4)      Citizenship or Place of Organization                  U.S.A.

            Number of          (5)        Sole Voting Power             406,862
          Shares Bene-
            ficially           (6)        Shared Voting Power              -0-
            Owned by
          Each Report-         (7)        Sole Dispositive Power        406,862
           ing Person
              With             (8)        Shared Dispositive Power         -0-


(9)        Aggregate Amount Beneficially Owned by Each Reporting
           Person                                     406,862

(10)       Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
           Instructions)        [ ]

(11)       Percent of Class Represented by Amount in Row (9)           7.32%(1)

(12)       Type of Reporting Person (See Instructions)                IN

- -------------------

(1)        Calculated on the basis of 5,558,350 shares of Common Stock
           outstanding on July 31, 1995, as reported in the Issuer's 10-Q for
           the quarter ended June 30, 1995.

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<PAGE>



ITEM 1(A).            Name of Issuer:

                      HOMEOWNERS GROUP, INC.

ITEM 1(B).            Address of Issuer's Principal Executive Offices:

                      6365 TAFT STREET
                      HOLLYWOOD, FLORIDA 33024

ITEM 2(A).            Name of Person Filing:

                      SANDRA BERNSTEIN

ITEM 2(B).            Address of Principal Business Office or, if None,
                      Residence:

                      2810 NORTH 46TH AVENUE
                      APT. E-650
                      HOLLYWOOD, FLORIDA 33021

ITEM 2(C).            Citizenship:

                      U.S.A.

ITEM 2(D).            Title of Class of Securities:

                      COMMON STOCK, $.01 PAR VALUE

ITEM 2(E).            CUSIP Number:

                      43739N-10-7

ITEM 3.               If this statement is filed pursuant to Rules 13d-1(b), or
                      13d-2(b), identify the status of the person filing.

                      NOT APPLICABLE.

ITEM 4.               Ownership.

        (a)           Amount Beneficially Owned:  406,862 SHARES.

        (b)           Percent of Class:  7.32%(1)

- --------------------

(1)        Calculated on the basis of 5,558,350 shares of Common Stock
           outstanding on July 31, 1995, as reported in the Issuer's 10-Q for
           the quarter ended June 30, 1995.

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        (c)           Number of shares as to which such person has:

                  (i)         sole power to vote or to                   406,862
                                direct the vote

                  (ii)        shared power to vote or to                    -0-
                                direct the vote

                  (iii)       sole power to dispose or to                406,862
                                direct the disposition of

                  (iv)        shared power to dispose or to
                                direct the disposition of                   -0-

ITEM 5.           Ownership of Five Percent or Less of a Class.

                  If this statement is being filed to report the fact that as of
                  the date hereof the reporting person has ceased to be the
                  beneficial owner of more than five percent of the class of
                  securities, check the following [ ].

ITEM 6.           Ownership of More than Five Percent on Behalf of Another
                  Person.

                  NOT APPLICABLE.

ITEM 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on By the Parent Holding
                  Company.

                  NOT APPLICABLE.

ITEM 8.           Identification and Classification of Members of the Group.

                  NOT APPLICABLE.

ITEM 9.           Notice of Dissolution of Group.

                  NOT APPLICABLE.

ITEM 10.          Certification.

                  NOT APPLICABLE.

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<PAGE>



                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

October 10, 1995                                            /S/ SANDRA BERNSTEIN
                                                            --------------------
                                                                Sandra Bernstein

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