Dwelling Form Coverage

Coverage Part                                                           DP-1  DP-2  DP-3

Coverage A- Dwelling                                              X         X       X

Coverage B- Other Structures                                  X        X        X

Coverage C- Personal Property                               X        X        X

Coverage D- Fair Rental Value                                X        X        X

Coverage E- Add Living Expenses                     A.B.E.    X        X

(A.B.E - Added by endorsement)

Dwelling Forms

Dwelling Form                                                        Coverage Description 

DP-1 Basic form                              Basic perils only - extended coverages

                                                           can be added for an additional premium. 

DP-2 Broad form                             Broad perils for buildings and personal

                                                           property 

DP-3 Special form                           Open peril coverage for buildings

                                                     and broad peril coverage for personal property

 Basic Form Covered Perils

1. Fire (sudden and unexpected); 

2. Lightning (electrical current); and 

3. Internal explosion (within the covered property).

Other Coverages / Extended Coverage

Added by endorsement with additional premium

1. Windstorm or Hail (losses to awnings, outside antenna equipment, signs and boats are not covered); 

2. Explosion (replaces the internal explosion peril and adds external explosions); 

3. Riot or Civil Commotion; 

4. Aircraft (including self-propelled missiles and spacecraft); 

5. Vehicles (does not cover loss caused by vehicles owned by an insured); 

6. Smoke (smoke from fireplaces, agricultural smudging, or industrial operations not covered); 

7. Volcanic Eruption (earthquake, land shock waves or tremors not covered) 

8. Vandalism and Malicious Mischief (VM&M)

 Basic Form Conditions

1. Loss Settlement 
Covered property losses are settled at the lesser of: 
• The actual cash value; 
• The cost to repair the damaged property; 
• The cost to replace the damaged property. 

2. Other Insurance 
If other fire insurance exists, the policy settles losses on a pro rata basis.

 Broad Form Covered Perils

• Fire or Lightning; 
• Windstorm or Hail; 
• Explosion; 
• Riot or Civil Commotion; 
• Aircraft; 
• Vehicles; 
• Smoke; 
• Vandalism or Malicious Mischief (V&MM); 
• Damage by Burglars; 
• Falling Objects; 
• Weight of Ice, Snow, Sleet; 
• Accidental Discharge or Overflow of Water or Steam; 
• Sudden and Accidental Tearing Apart, Cracking, Burning or Bulging; 
• Freezing; 
• Sudden and Accidental Damage from Artificially Generated Electrical Current; 
• Volcanic Eruption.

 Broad Form Conditions

A. Loss Settlement 

Covered property losses are settled on a replacement cost basis, subject to the amount of insurance carried is equal to 80% or more of the full replacement cost of the building immediately before the loss

SPECIAL FORM

Insures on an "open peril" basis - All perils are covered unless excluded

Special Form Exclusions 

• Ordinance or Law (except for amounts noted in the additional coverage section); 
• Earth Movement; 
• Water Damage; 
• Power Failure (off-premises); 
• Neglect; 
• War; 
• Nuclear Hazard; 
• Intentional Loss; 
• Governmental Action.