Which of the three DP forms provides the most limited coverage?

The DP-1 form, also known as the Basic form, provides the most limited coverage among the dwelling policy formats. It is designed primarily to offer very specific and minimal protection. Under this form, coverage is typically limited to a few named perils, such as fire, lightning, and internal explosion. This means that unless a peril is explicitly listed in the policy, it is not covered.

In contrast, the other forms—DP-2 (Broad) and DP-3 (Special)—offer more extensive coverage options. The DP-2 form adds additional named perils to the coverage list, providing broader protection than the Basic form. The DP-3 form is even more comprehensive, as it is an open perils policy for the dwelling, meaning it covers all risks except for those specifically excluded in the policy.

The DP-4 form pertains to mobile homes and is also considered a specialized type of coverage, but it does not fit into the same comparison as the DP-1, DP-2, and DP-3.

Therefore, the DP-1 form serves as the most limited option, catering to those who may desire lower premiums and are willing to accept reduced coverage in exchange for a more basic policy.