Which DP policies insure personal property Coverage C for broad form perils?

The correct choice indicates that DP-2 and DP-3 policies provide coverage for personal property under Coverage C against broad form perils. Broad form perils refer to a wider range of risks compared to basic actual cash value policies like DP-1, which is typically more limited in terms of the perils it covers.

DP-2 and DP-3 policies each expand on the coverage offered. DP-2, which is a broader coverage compared to DP-1, includes named perils such as theft, falling objects, and freezing. DP-3 goes even further, offering an open-peril coverage for the dwelling itself, meaning it covers all risks except those specifically excluded. This distinction allows policyholders under DP-2 and DP-3 to have more comprehensive protection for their personal property against various risks that can occur.

In contrast, DP-1, being a basic form policy, insures property on a named perils basis, primarily covering risks like fire, lightning, and other specific events, and thus does not provide the same level of coverage as DP-2 and DP-3 for personal property.