Under a DP-2 Broad Form, which peril is usually covered?

In a DP-2 Broad Form, which is designed to provide coverage for specific listed perils, theft is indeed one of the perils that is typically covered. This type of policy offers a wider range of coverage compared to the more basic DP-1 policy, making it suitable for homeowners who require more comprehensive protection for their dwelling and personal property.

The DP-2 form includes coverage for various perils, including but not limited to fire, lightning, windstorm, hail, explosion, riot, civil commotion, and, importantly, theft. Coverage for theft is significant because it protects homeowners against the loss of personal property due to unlawful taking, which can occur in various ways, such as burglary or shoplifting.

In contrast, flood and earthquake are generally not covered under standard dwelling policies without the purchase of separate endorsements or policies specifically designed to protect against those risks. Additionally, intentional damage is typically excluded from coverage, as insurance is not designed to protect against losses resulting from the insured's deliberate actions. Thus, theft stands out as a clear peril covered under the DP-2 Broad Form, aligning with the policy's goal of providing enhanced protection for insured properties.