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Besides limiting coverage to a short list of perils, the ISO DP-1 policy is inferior to the typical homeowners policy in other ways. In addition, some of the options available under the ISO DP-1 program are not available under the NYPIUA program. For example:

Coverage B—Other Structures

An ISO HO policy insures other structures for an additional limit that is 10 percent of the Coverage A—Dwelling limit.

The NYPIUA DP-1 policy insures other structures for 10 percent of the Coverage A—Dwelling limit, but is not an additional limit (it is within the Coverage A limit).

Coverage D—Fair Rental Value

An ISO HO policy insures the loss of rents for an additional limit that is 10 percent of the Coverage A—Dwelling limit.

The NYPIUA DP-1 policy insures the loss of rents for 10 percent of the Coverage A—Dwelling limit, but is not an additional limit (it is within Coverage A limit). It also pays no more than 1/12 of this limit for each month of loss.

Coverage E—Additional Living Expense

An ISO HO policy insures additional living expense for an additional limit that is 10 percent of the Coverage A—Dwelling limit.

The NYPIUA DP-1 policy insures additional living expense only as an option.

Debris Removal

An ISO HO policy insures debris removal for an additional limit that is 5 percent of the limit that applies to the property damaged. It also covers the removal of trees under certain circumstances.

The NYPIUA DP-1 policy insures debris removal, but is not an additional limit (it is within the limit that applies to the property damaged). There is no tree removal coverage.

Trees, Shrubs and Other Plants

An ISO HO policy insures trees, shrubs and other plants for an additional limit that is 5 percent of the Coverage A—Dwelling limit.

The NYPIUA DP-1 policy does not insure trees, shrubs and other plants.

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