In a standard DP-3 policy, which of the following would be covered, ignoring a deductible?

In a standard DP-3 policy, which is a type of dwelling policy providing open peril coverage for the dwelling and named peril coverage for personal property, the scenario where a $3,000 TV set burns in a fire would indeed be covered. This policy covers physical damage to the structure of the home as well as the personal property within it, provided the loss is not specifically excluded by the policy.

Under this policy type, open peril means that unless there is a specific exclusion, losses due to fire are generally covered. Thus, in this situation, the loss of the TV set from fire damage qualifies for coverage.

On the other hand, personal liability claims against the homeowner, loss of personal property due to theft, and loss of rental income are not typically covered under a DP-3 policy. Personal liability coverage is usually found in comprehensive homeowner’s policies rather than dwelling policies. Theft of personal property may not be covered unless the insured has specifically chosen to include that peril. Furthermore, loss of rental income is associated with business interruption or additional coverage that would generally not be included in a dwelling policy like the DP-3. Therefore, the burning of the TV is the scenario that clearly aligns with the coverage provided by this type of policy.