Which of the following is NOT covered under the DP2 (Broad Form)?

The correct choice is the one that identifies coverage not included under the DP2 (Broad Form) policy. The DP2 policy provides a wider range of coverage compared to the basic DP1, including specific perils. However, it does not cover flood damage, which is a common exclusion in most homeowners and dwelling policies unless a separate flood policy is purchased through the National Flood Insurance Program (NFIP).

The DP2 covers various risks, such as falling objects, burglary damage, and accidental discharge of water, all of which are typical perils included in the policy. Falling objects and accidental discharge of water are commonly covered because they can cause significant property damage, and burglary damage is included to assist policyholders in the event their property is vandalized or broken into. Conversely, flood damage requires distinct coverage options often designed to address the specific risks associated with flooding, emphasizing the need for a separate flood insurance policy. This distinction is crucial for understanding the limitations of standard property insurance coverage.