PLNationaleasy
On an ISO DP-3 Special Form with Coverage A — Dwelling written at $300,000, what is the default automatic limit for Coverage B — Other Structures?
$30,000 (10% of A)
B$15,000 (5% of A)
C$60,000 (20% of A)
D$90,000 (30% of A)
Why this is the answer
On standard ISO Dwelling forms, Coverage B — Other Structures is automatically provided at 10% of the Coverage A — Dwelling limit as an additional amount of insurance. On a $300,000 Coverage A, Coverage B equals $30,000. This mirrors the HO form treatment and applies to structures on the residence premises that are separated from the dwelling by clear space (detached garage, storage shed, gazebo) (ISO DP 00 03 Section I Coverage B).
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