What does the DP-2 policy primarily expand upon compared to DP-1?

The DP-2 policy, also known as the Broad Form Dwelling policy, expands upon the DP-1 policy by including additional broad form perils. While the DP-1 policy is limited to basic named perils that provide more minimal coverage, the DP-2 encompasses a wider range of risks, such as damage from falling objects, weight of ice and snow, and accidental discharge or overflow of water or steam, among others.

This broader scope of coverage makes the DP-2 more suitable for properties with higher values or those in potentially more hazardous locations. The additional perils provide more comprehensive protection, fulfilling the needs of policyholders who seek a greater level of security against unexpected events affecting their dwelling and personal property.

In contrast, options regarding coverage being limited to personal property or outdoor structures only misrepresent the fundamental design of the DP-2 policy, which is aimed at protecting the entire dwelling and attached structures rather than just specific components. Additionally, focusing solely on named perils does not apply to the DP-2, as it encompasses broader coverage than merely named perils, unlike DP-1. Thus, the inclusion of additional broad form perils is the primary element that differentiates the DP-2 from the DP-1 policy.