What perils are covered under the DP-2 Broad Form?

The DP-2 Broad Form, also known as the Dwelling Fire Policy - Broad Form, offers coverage for a specific list of named perils along with certain extended coverage perils. This policy typically encompasses risks such as fire, lightning, explosion, and vandalism, among others. Additionally, it expands coverage beyond the basic named perils found in the DP-1 policy by including perils like theft and certain water-related damage under specific conditions.

This distinguishes the DP-2 from other policies, as it does not provide expansive coverage for any and all perils, limiting itself to those explicitly named and some that are extended. Understanding this coverage is crucial, as it highlights the difference between the broad form and more limited or specialized policies that may only cover specific types of damage or disasters.