Reference · North Carolina

North Carolina Department of Insurance

Dwelling Policies (DP-1 basic, DP-2 broad, DP-3 special form)

Publisher: North Carolina Department of Insurance
Edition: undated page
Last checked: 2026-09-29
Status: Publication of the North Carolina Department of Insurance, a state agency

Edition and licensing notes

Publisher. North Carolina Department of Insurance (ncdoi.gov)

Edition. undated page; retrieved 2026-09-29

Status. Publication of the North Carolina Department of Insurance, a state agency.

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What this document is

North Carolina Department of Insurance - Dwelling Policies (DP-1 basic, DP-2 broad, DP-3 special form) is a reference published by North Carolina Department of Insurance (ncdoi.gov). It is one of the North Carolina documents that insurance license exam questions are written from, including north carolina property & casualty practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

N.C. DOI, Dwelling Policies (Dwelling Fire Insurance Basics)
“Dwelling policies typically do not provide liability coverage, like some homeowners policy forms, but they can provide other similar coverages to standard homeowners policies.”
N.C. DOI, Dwelling Policies (DP-2: Broad Form)
“Unlike the DP-1 form, the DP-2 form typically settles claims on a replacement cost basis.”
N.C. DOI, Dwelling Policies (DP-3: Special Form)
“It is an “open perils” or “all risk” policy, which means real property (dwelling and other structures) will be covered for all types of damage, except exclusions named in the policy. However, damaged personal property (all the items inside the dwelling and other structures) is covered on a “named perils” basis.”
N.C. DOI, Dwelling Policies (DP-1: Basic Form)
“The basic form is a “named perils” policy. The policy explicitly names what perils are covered and typically covers losses due to:”

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No. This page summarizes the document and links to the official version. Always rely on the text published by North Carolina Department of Insurance (ncdoi.gov) for the current law.

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