William would like to insure his home.He does not want theft or personal liability coverage;however,he would like "open perils" (all-risks)coverage on the dwelling.William should purchase a

Question

Quizplus · Accepted Answer

The Dwelling Property 3 Form is the correct choice for William because it offers "open perils" coverage for the dwelling, which means it covers all risks except those specifically excluded in the policy. This aligns with William's desire for comprehensive coverage on his home without the need for theft or personal liability coverage.

William Would Like to Insure His Home