DP3 – Dwelling Fire Policy

The Dwelling Property 3 policy form is designed for seasonal, secondary or rental properties.  The DP3 policy covers up to four family units.  Since there is likely less need for extensive coverage of personal property items, as with a Homeowners 3 policy, the format allows you to save money by allowing you to only purchase the coverages you need.  Consult your insurance representative about additional coverages for attached structures, personal property and loss of rent, until reasonably repaired, as well as other optional coverages you may require.  Carefully read the policy to determine what is covered and what is not, as well as your responsibilities in the event of a loss.