The answer is No coverage.
The DP-3 form provides the most comprehensive dwelling fire coverage. It is an "open perils" or "all-risk" policy, which means that real property (dwellings and other structures) will be covered for all types of damage, subject to the policy's exclusions.
What is a DP3 insurance policy?
- A dwelling fire policy is the best option if you own a home but do not live in it. This may also apply if you own a home but rent out individual rooms or the entire property.
- A DP3 policy will typically cover the structure, loss of use or rental coverage, and personal liability.
- A Dwelling Fire Landlord policy (or DF3-DL) is an insurance policy that can be purchased as needed. It provides rental property owners with a variety of coverage options. A Dwelling Fire Landlord policy provides basic coverage for the insured dwelling's structure (a 1-4 family home).
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