Is it true that under a DP-3 special form, theft coverage applies to fixtures that are part of a dwelling that hasn’t been vacant for more than 30 days?

Under the DP-3 Special Form, which is a type of dwelling policy, theft coverage does apply to fixtures that are part of a dwelling, provided the dwelling has not been vacant for more than 30 days. This inclusion of theft coverage offers protection to the homeowner against losses due to theft of personal property, including fixtures like built-in appliances, plumbing, and electrical systems that are considered part of the dwelling.

The provision regarding the vacancy period is significant because insurance policies often contain stipulations about coverage duration after a property has been vacant. A dwelling occupied for more than 30 days typically ensures that the policy remains active and that coverage for theft applies, as the insurer judges the risk associated with vacant properties to be higher. If a property has been vacant for longer than the stipulated time, the protection against theft is often limited or excluded altogether. Thus, maintaining occupancy helps secure the broader coverage provisions outlined in the policy.