Texas General Lines — Property and CasualtyPersonal LinesMedium
Which of the following Dwelling policy forms provides coverage for the dwelling and personal property on an open perils basis?
- ADP-3
- BDP-2
- CDP-1
- DDP-4
Show answer & explanationAnswer & explanation
Correct answer: A. DP-3
The DP-3 (Special Form) provides open perils coverage for the dwelling and other structures, and broad perils coverage for personal property. DP-1 is basic, and DP-2 is broad perils.
Why the other options are wrong
- B. DP-2 provides broad perils coverage, not open perils for the dwelling.
- C. DP-1 provides basic perils coverage, not open perils.
- D. DP-4 is not a standard Dwelling policy form.
DP-3 (Special Form)
A Dwelling Policy form that provides open perils coverage for the dwelling and other structures, and broad perils coverage for personal property.
- Dwelling: Open Perils (all risks of direct physical loss unless excluded).
- Personal Property: Broad Perils (named perils only).
- Includes additional coverages not found in DP-1 or DP-2, like damage to lawns, trees, shrubs, and plants.
Memory trick: Each DP form adds more protection, from basic to special.