At One Stop Multiservices, we are dedicated to providing top-tier coverage for property owners, and our DP3 Insurance is one of the most comprehensive options available. Also known as a Dwelling Property 3 Policy, DP3 Insurance is ideal for landlords and property investors who want robust protection for rental properties or secondary homes.
What is DP3 Insurance? DP3 Insurance offers coverage for the structure of your property on an open perils basis. This means the policy covers any damages to the property unless they are explicitly excluded. Common covered risks include fire, storms, theft, vandalism, and certain natural disasters. Additionally, it provides replacement cost coverage, ensuring that you receive the full amount needed to repair or rebuild without factoring in depreciation.
Coverage Features:
Open Perils Coverage: Protection against a wide range of risks for the structure of your property, offering peace of mind in uncertain times.
Loss of Rental Income: If your rental property becomes uninhabitable due to a covered peril, DP3 Insurance compensates you for lost rental income.
Liability Coverage (Optional): Protect yourself from financial responsibility if a tenant or visitor is injured on your property.
Why Choose DP3 Insurance? DP3 Insurance is particularly suited for landlords who want to protect their investment properties. Its open perils coverage and replacement cost reimbursement provide stronger protection than basic policies like DP1 Insurance. Whether you’re renting out a single-family home or managing multiple properties, DP3 Insurance ensures your assets are secure.
At One Stop Multiservices, we are committed to helping you find the perfect policy for your needs. Our experienced team will work with you to tailor a DP3 Insurance plan that aligns with your goals and budget. Protect your properties with confidence—choose DP3 Insurance today!