What it does
The dwelling forms do not include theft. DP 04 72 adds broad theft coverage (on-premises and, if purchased, off-premises) for personal property. The 2014 revision rewrote the definition of "insured" to include resident relatives, others under 21 in their care and full-time students away at school.
Who needs it
Owner-occupants insured on a dwelling policy who keep personal property at the dwelling.
Quoting and selling notes
- For landlords who are not occupants, use DP 04 73 (limited theft).
Editions and availability
Current edition 07 14, replacing 12 02, 07 88. Carriers adopt ISO editions state by state, so the edition on a given policy can lag the newest one.
Program notes
Dwelling policies are written for the property owner, not the occupant, and are the usual vehicle for landlords of one- to four-family dwellings. Because the forms carry no liability coverage, review every dwelling file together with DL 24 01 (or the homeowners or commercial policy that provides premises liability), and with any personal umbrella the client carries.
