https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4 en-us 2023-08-26 19:14:31 UTC 2023-08-27 02:28:16 UTC hello@padlet.com dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673848501 A type of insurance policy that covers rental homes or properties from named perils. Can also be called Landlord insurance.]]> 2023-08-26 19:23:18 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673848501 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673848613 Also known as a Dwelling Fire Form 1]]> 2023-08-26 19:23:49 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673848613 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673850059 Covers the following nine perils:
1) Fire and Lightning
2) Internal and External Explosions
3) Windstorms
4) Hail
5) Riots
6) Smoke 
7) Aircrafts
8) Vehicles
9) Volcanic Eruptions

Note some some DP-1 policies may include vandalism and mischief as an endorsement or add-on.

]]> 2023-08-26 19:30:20 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673850059 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673852767 If a peril that is not listed happens then the peril is not covered.]]> 2023-08-26 19:35:01 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673852767 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673854538 Other structures on the property are covered in addition to the home. These can include:
1) Garages
2) Storage buildings
3) Fences

]]> 2023-08-26 19:43:22 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673854538 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673856236 Policy pays Actual Cash Value (ACV) of the loss]]> 2023-08-26 19:45:39 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673856236 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673857847 This policy is good for individuals who:
1) Have a rental property that will be vacant for more than 30 days
2) Vacant properties
3) Individuals that have a strict budget for rental properties they own
4) Individuals who inherit a home that sits vacant while the estate is being cleared]]> 2023-08-26 19:50:49 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673857847 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673858075 Offers more protection than the DP-1 ]]> 2023-08-26 19:52:00 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673858075 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673861618 The most basic of the DP policies]]> 2023-08-26 20:07:49 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673861618 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673927376 Considered middle of the road or average coverage]]> 2023-08-27 01:50:58 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673927376 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930124 Covers the following perils:
1) Fire and lightning
2) Explosion (Internal and External)
3) Smoke
4) Riot
5) Windstorm/Hail
6) Aircraft and vehicles
7) Cracking, bulging, tearing apart
8) Freezing pipes
9) Electrical damage
10) Weight of snow and ice
11) Glass breakage
12) Accidental overflow of water or steam
13) Vandalism/Malicious mischief
14) Burglary damage
15) Volcanic Eruption
16) Collapse
170 Falling objects]]> 2023-08-27 02:01:44 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930124 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930300 As with DP-1 if a peril is not listed in the policy it will not be covered

]]> 2023-08-27 02:02:26 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930300 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930879 With a DP-2 policy the home is insured for Replacement Cost Value instead of ACV]]> 2023-08-27 02:04:45 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673930879 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673931250 Loss of rent may also be included in this policy]]> 2023-08-27 02:06:20 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673931250 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673931963 If the home has been vacant for 30 or 60 days (depending on the policy terms or who wrote the policy) the policy will not cover the listed perils. ]]> 2023-08-27 02:10:03 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673931963 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673932566 Considered the policy for rentals]]> 2023-08-27 02:11:32 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673932566 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673932875 Also known as an open peril policy]]> 2023-08-27 02:13:05 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673932875 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673933385 Covers all perils except for those excluded in the policy]]> 2023-08-27 02:14:34 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673933385 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673935515 Examples of perils that are excluded are:
1) Ordinance or law 
2) Power Failure
3) Water damage (some may be included)
4) Earth movement
5) Nuclear hazard
6) War
7) Neglect
8) Intentional loss
9) Government action
10) Mold ( some may be included)]]> 2023-08-27 02:21:46 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673935515 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673935684 As with the DP-2 policy the DP-3 also uses Replacement Cost Value versus ACV]]> 2023-08-27 02:22:41 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673935684 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673936547 Covers some things similar to a typical home owners policy except for a few exceptions. Still provides general liability coverage and covers the home, outbuildings, shops, and other structures. However the DP-3 policy has limited coverage on personal items. It will typically only cover personal items such as appliances.]]> 2023-08-27 02:26:38 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673936547 dssparrow8831 https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673936908 Homeowners policies cover loss of use where the DP-3 only covers loss of rent]]> 2023-08-27 02:28:06 UTC https://padlet.com/dssparrow8831/qgjwrxzwtk46m6q4/wish/2673936908