Which coverage form provides the broadest protection?

The DP-3, also known as the Special Form, provides the broadest protection among the dwelling policy options. This form covers the dwelling and other structures on an open peril basis, meaning it covers all risks of direct physical loss unless specifically excluded. This offers a higher level of protection when compared to the DP-1 and DP-2 forms.

The DP-1, or Basic Form, offers coverage primarily for named perils, which means only specific risks listed in the policy are covered. The DP-2, or Broad Form, expands coverage to include more named perils than DP-1 but still operates under the named peril framework.

By choosing the DP-3 form, policyholders benefit from more extensive coverage that protects against a wider array of potential losses, making it the most comprehensive option available within dwelling policies.