Which documents assist applicants in understanding coverage under a dwelling policy?

The correct choice highlights the importance of the declarations page and coverage forms in providing applicants with a clear understanding of the coverage under a dwelling policy. The declarations page serves as a summary of the policy, detailing key information such as the insured property, coverage limits, and any applicable deductibles. It acts as a reference point for what is specifically covered by the policy.

Coverage forms, on the other hand, outline the details of the actual insurance coverage, including what perils are covered and any exclusions. They provide the necessary information regarding the scope of protection offered by the policy, helping applicants comprehend their rights and responsibilities under the insurance agreement.

Together, these documents ensure that individuals can make informed decisions regarding their coverage by clearly outlining the terms and conditions of the insurance policy, which is essential for any homeowner looking to protect their dwelling.