PL Analysis - HO3 VS DP3

[Milkman1265]

I just want to discuss the advantages and disadvantages of these 2. We all know the difference and what qualifies for what, right?

Now say you have a 2 Family Owner Occupied, you can quote the same coverage for special form. Except personal property which there is a max limit and theft is excluded on DP.

What other advantages are there with HO vs DP??

From my stand point, i dont need any of the extra off premises coverages/personal property and DP is substantially cheaper than HO.

Why do i want a HO?


please someone plays the devil advocate and tell me why i want a DP policy.

 

[Sales71]

I just want to discuss the advantages and disadvantages of these 2. We all know the difference and what qualifies for what, right?

Now say you have a 2 Family Owner Occupied, you can quote the same coverage for special form. Except personal property which there is a max limit and theft is excluded on DP.

What other advantages are there with HO vs DP??

From my stand point, i dont need any of the extra off premises coverages/personal property and DP is substantially cheaper than HO.

Why do i want a HO?


please someone plays the devil advocate and tell me why i want a DP policy.

HO policy has advantages like schedule of valuable and offer multi policy discount for home and auto.

DP 3 has its place for customer who may have over 2 claims and can not get an HO3.