Question 55

A DP-2 broad coverage form does not cover theft of property.

A DP-2 broad coverage form specifically excludes theft of property from its coverage, making it a notable exception among the perils it covers.

A) theft of property

This option is correct as the DP-2 broad coverage form explicitly does not cover theft of property, which distinguishes it from other perils that are included in its coverage.

B) weight of ice and snow

Weight of ice and snow is covered under the DP-2 broad coverage form. This peril refers to the damage caused by the accumulation of ice and snow, which is included in the policy's protections.

C) vandalism

Vandalism is also covered by the DP-2 broad coverage form. This peril includes intentional damage to property, which is specifically included in the list of covered risks.

D) falling objects

Falling objects are covered by the DP-2 broad coverage form. This peril encompasses damage resulting from objects that fall on the insured premises, which the policy protects against.

Conclusion

The DP-2 broad coverage form distinctly excludes theft of property while providing coverage for other perils such as weight of ice and snow, vandalism, and falling objects. This differentiation is essential for understanding the scope of coverage under the DP-2 form, as it highlights the specific limitations of the policy regarding theft.