Theft of personal property is treated how under an unendorsed ISO Dwelling Property policy?
a.Not a covered peril unless theft coverage is added by endorsement
b.Covered automatically up to a $5,000 sublimit
c.Covered on the same basis as fire
d.Covered only on the DP-1 form
Explanation
Standard dwelling policies do not list theft as a covered peril. The insured may purchase a Theft Coverage Endorsement (Broad Theft or Limited Theft, depending on occupancy) to add the peril, often with sublimits on specific high-theft items such as jewelry, firearms, and silverware. This contrasts with a homeowners policy, where theft is included automatically.
Law Reference: ISO Dwelling Property forms — perils insured againstThis topic, taught in full in the California Property & Casualty Broker-Agent guide. California Property & Casualty Broker-Agent Study Guide — 2026 Edition — PDF + EPUB, $24.99 · 14-day refund →
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