DP-3 coverage is notable for covering which of the following perils?

DP-3 coverage, also known as special form coverage, is significant because it provides protection for all perils, with certain exclusions specifically mentioned in the policy. This means that unless a peril is explicitly excluded, it is generally covered under this form. This broad coverage is a key feature of DP-3, making it more comprehensive than other types of dwelling policies.

In particular, it is important to note that DP-3 policies typically cover damages from risks such as vandalism, fire, lightning, and more, enhancing the security for property owners. The exclusions may include certain natural disasters or specific risks like floods or earthquakes, which are not usually covered unless additional policies are purchased. This broad approach to coverage, with defined limits on exclusions, is why option C clearly stands out as the accurate choice. It reflects the overall intent of the DP-3 form to offer extensive protection to insured properties while clearly stating what is not included.