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Molly leaves town for a one-week vacation. When she returns, she finds that the back door to her house has been kicked in and damaged. Her laptop is gone, and—to her surprise—she finds that the copper piping in the basement has been torn out and stolen as well! She has a DP-3 with coverage for contents but no additional endorsements. What, if anything, is covered?

A. The damage to the door and the copper piping
B. The copper piping only
C. Nothing; all theft is excluded under the DP-3
D. The damage to the door, the laptop, and the copper piping

User Stefanbc
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1 Answer

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Final answer:

The damage to Molly's back door, the stolen copper piping, and her laptop should all be covered under her DP-3 policy since vandalism, malicious mischief, and theft are typically covered perils for the dwelling and contents, respectively.

Step-by-step explanation:

If Molly has a DP-3 policy, often known as the Special Form policy for homeowners, it generally provides coverage for risks on an open perils basis for the dwelling and a named perils basis for the personal property (contents). For the dwelling, this means unless a peril is specifically excluded, it is covered. Therefore, the damage to the door and the copper piping would typically be covered because vandalism and malicious mischief, which this situation suggests, are not usually excluded perils. However, for the personal property, the coverage is more limited, and only perils specifically named in the policy would be covered.

In most cases, theft is a peril that is covered under a DP-3 policy for contents, meaning Molly's laptop should also be covered. However, there are circumstances under which theft coverage could be limited or excluded, such as if the property was vacant for an extended period. But, as Molly was only away for a week, this condition likely doesn't apply. It's important for Molly to review the details of her policy or speak with her insurance provider to understand the specifics of her coverage.

User Par
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