What does DP-1 Means for Rental Property Insurance?

What does “DP” mean?

Rental property insurance DP-1 designation
DP stands for Dwelling Property, a class of coverage for housing insurance created by the Insurance Standards Organization. The number is a designation for one of several standard DP packages.

What does DP-1 Signify?

DP-1 offers named peril coverage for owners, rental, seasonal, and vacant occupancy classes.