Florida 2-20 General Lines Agent (Property, Casualty, Commercial Lines and Florida Law)Property InsuranceEasy
A client has a Dwelling Policy (DP-2 Broad Form) covering their rental property. A sudden, unexpected rupture of a water pipe in the wall causes extensive water damage to the interior of the dwelling. Which of the following perils would cover this type of loss?
- AAccidental Discharge or Overflow of Water
- BWeight of Ice, Snow, or Sleet
- CFire and Lightning
- DFalling Objects
Show answer & explanationAnswer & explanation
Correct answer: A. Accidental Discharge or Overflow of Water
The DP-2 Broad Form includes coverage for 'Accidental Discharge or Overflow of Water or Steam from within a plumbing, heating, air conditioning, or automatic fire protective sprinkler system, or from within a household appliance.' This specifically covers the scenario described.
Why the other options are wrong
- B. This peril covers damage caused by the weight of winter precipitation, not water leaks.
- C. Fire and lightning are covered, but not applicable to water pipe rupture.
- D. Falling objects refers to external objects falling onto the property, not internal plumbing issues.
DP-2 Broad Form Perils
The DP-2 Broad Form covers the perils included in DP-1 (Basic Form) plus a list of additional named perils, offering broader protection for dwelling and personal property.
- Includes all DP-1 perils (Fire, Lightning, Internal Explosion, extended perils like Windstorm, Hail, Riot, Vehicle/Aircraft, Smoke, Volcanic Eruption).
- Adds 'Broad Form' perils such as Bursting of Pipes, Falling Objects, Weight of Ice/Snow/Sleet, Accidental Discharge of Water, Freezing, etc.
- Excludes certain common perils like flood, earth movement, and neglect unless specifically endorsed.
Memory trick: DP-2 adds 'WALTZ-C' to the basic perils.