The Major Difference Between the Dwelling Coverage (Part A

The major difference between the dwelling coverage (Part A.of the Homeowners 2 (Broad From) policy and the Homeowners 3 (Special Form) policy is that

A) the HO-3 provides open perils ("all risks") coverage and the HO-2 provides named-perils coverage.
B) the HO-3 provides actual cash value coverage,the HO-2 provides replacement cost coverage.
C) the HO-3 is always written without a deductible,the HO-2 always written with a deductible.
D) the HO-3 can be used for any type of construction,the HO-2 is limited to wood frame construction.