The dp-3 provides what coverage for damage to the insured's dwelling due to a power failure when lightning strikes a power transformer 2 miles away?

Respuesta :

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).

To learn more about DP3 policy visit:

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