Final answer:
The coverage option that is covered by DP-2 and DP-3 but not by DP-1 is Open Perils Coverage.
Step-by-step explanation:
The coverage option that is covered by DP-2 and DP-3 but not by DP-1 is c. Open Perils Coverage.
DP-1, DP-2, and DP-3 are different types of dwelling insurance policies. DP-1, also known as Basic Form coverage, provides coverage for specific named perils, such as fire, lightning, and windstorm. DP-2, or Broad Form coverage, includes coverage for more perils than DP-1, and DP-3, or Special Form coverage, provides the most comprehensive coverage, including coverage for all perils unless they are specifically excluded.
Since DP-1 relies on named perils, it does not provide Open Perils Coverage, which is included in DP-2 and DP-3 policies. Open Perils Coverage, also known as All Risk Coverage, covers all perils unless they are specifically excluded in the policy. This means that if a peril is not explicitly listed as excluded in the policy, it is covered under Open Perils Coverage.