When would the coverage for personal property be more extensive than on a DP-2 policy?

The DP-3 policy, known as the special form, provides broader coverage for personal property compared to a DP-2 policy, which is a limited form providing coverage on a named perils basis. The DP-3 policy covers personal property on an open perils basis, meaning it includes coverage for loss or damage from any peril unless specifically excluded in the policy. This contrasts with the DP-2 policy, which only covers certain named perils.

Given this distinction, the DP-3 policy's more extensive coverage allows for a wider range of incidents that could potentially damage or destroy personal property, providing enhanced protection and peace of mind for homeowners. This comprehensive approach makes the DP-3 policy more suitable for those looking for greater coverage security.