DP2 or DP3 Insurance

[Jeff Callicutt]

I have Allstate Insurance now and paying more than some quote that have come in. Also have 1k deductible with Allstate. They also have me on DP3 insurance. I have a quote that came in from Farm Bureau that is 1k per year cheaper at 1k deductible but on a DP2 policy. Thoughts on what I should do?

[Casey J Burkhead]

Hey Jeff,

There is a big difference in coverage between a DP2 and DP3.  DP2 is named perils coverage - the policy only covers a certain list of perils.  DP3 is open perils coverage - it covers everything except what is specifically excluded.  You should get more quotes but for a DP-3 policy - preferably from an independent agent with different options.

- Casey