What type of perils are excluded in DP-2 coverage?

The correct answer highlights specific exclusions inherent to DP-2 coverage, which is designed for dwelling policies that cover named perils. These policies will not cover certain risks, including those explicitly mentioned, such as risks arising from standard fire damage related to agricultural activities like smudging. This type of agricultural practice, designed to protect crops from frost damage, can lead to specific risks that are excluded from coverage under the DP-2 policy.

In contrast, while natural disasters like floods and earthquakes are indeed common exclusions in many property insurance policies, they actually fall under a different category of coverage than the one highlighted in the correct choice. Acts of terrorism and war are typically excluded from most insurance policies, including DP-2, but the focus of the selected answer deals specifically with exclusions tied to agricultural practices. Understanding these nuances helps in recognizing the limitations of DP-2 coverage regarding named perils and the scenarios where coverage would not apply.