Final answer:
The Dwelling Broad Form (DP-2) is a homeowners insurance that includes various perils like fire, theft, and windstorm, but it does not cover flood damage.
Step-by-step explanation:
The Dwelling Broad Form (DP-2) is a type of homeowners insurance that provides coverage for various specific perils. These often include things like fire, theft, and windstorms, as they are common incidents that can cause significant damage to homes. This insurance pays out when the dwelling is damaged or burglarized under these perils.
However, notably, the Dwelling Broad Form (DP-2) does not typically cover damage caused by floods. Flood damage is generally not included in standard homeowners insurance policies and usually requires a separate flood insurance policy. Therefore, out of the options given - fire, theft, windstorm, flood - flood is the peril not covered by the DP-2 form.
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