THE DCPIF ISSUES ESSENTIAL PROPERTY INSURANCE FOR:
NON-HABITATIONAL CLASSES:
Commercial Fire Form -CP 00 99 Standard Property Policy
Habitational Classes:
Dwelling Fire Form - DP-1
HOMEOWNER FORMS:
HO-2 Broad Form Dwelling
HO-4 Tenants Form
HO-6 Condominium Owners Form
HO-8 Modified Coverage Form
DC PIF Maximum Coverage Limits:
HOMEOWNERS:
Coverage A Dwelling- $455,000
Coverage C Contents $227,500
COMMERCIAL AND DWELLING FIRE:
Fire-resistive $1,500,000
Masonry $1,500,000
Frame $1,500,000
COVERAGE PROVIDED FOR THE FOLLOWING PERILS:
HOMEOWNERS:
• Broad Form Perils
Forms HO-2, 4, & 6
• Limited Perils
Form HO-8
PERILS: Commercial and Dwelling Fire
• FIRE OR LIGHTNING
• EXTENDED COVERAGE - coverage against direct loss to property caused by windstorm, hail, explosion, riot, civil commotion, aircraft, vehicles and smoke. FIRE
• VANDALISM & MALICIOUS MISCHIEF - coverage against direct loss to property caused by vandalism and malicious mischief. This coverage is NOT available if property is vacant or unoccupied.
Coverage is NOT provided for loss caused by other perils or for indirect loss. Further, coverage is limited to those forms offered by the Facility.
COMMERCIAL and HABITATIONAL properties will NOT be written under the same policy, as each of these risk categories requires a separate contract.
No "scheduled" property policies are available. Each property requires a separate application and if eligible will receive a separate policy.