What is an endorsement that can be added to DP-1 coverage?

The endorsement that can be added to DP-1 coverage is the extended coverage perils, vandalism, and malicious mischief.

The DP-1 policy, which is also known as the Basic Form Dwelling Policy, initially covers a limited range of perils primarily related to fire and lightning. However, policyholders can enhance their coverage by adding specific endorsements. The extended coverage endorsement broadens the scope of protection by including additional perils, such as windstorm, hail, explosion, and civil commotion.

Furthermore, including vandalism and malicious mischief as an endorsement provides coverage against intentional damage caused by others, which is important for property owners to consider for comprehensive risk management. This endorsement significantly increases the level of protection for the insured dwelling compared to the standard DP-1 coverage.

The other options do not accurately represent valid additions to DP-1 coverage. Comprehensive coverage for all perils is generally associated with more extensive forms of insurance, and liability coverage for tenants is not typically included in property coverage without a specific endorsement designed for such liability. Premium reduction options are not endorsements but rather adjustments that might occur based on factors like claims history or risk assessment.