Which DP form covers personal property or contents under Broad Form perils?

The correct answer is based on the types of coverage provided by different Dwelling Property (DP) forms. DP3 is known as the Special Form, which offers coverage for personal property or contents under Broad Form perils. This includes a wide range of risks and is more comprehensive than the other forms.

DP3 typically covers personal property against perils such as theft, vandalism, fire, and other similar risks, aligning with the Broader approach that emphasizes more extensive coverage. In contrast, DP1, which is the Basic Form, provides only a limited set of perils (specifically named perils), and DP2—the Broad Form—covers personal property under named perils but is still less comprehensive than DP3. Therefore, since DP3 utilizes Broad Form perils specifically for personal property coverage, it is indeed the correct choice.