For HO-2 policies, which of the following is included?

HO-2 policies, also known as Broad Form homeowners insurance, provide coverage for both the dwelling and personal property against specified perils. The inclusion of named perils refers to the specific risks that are covered under the policy.

In the case of HO-2 policies, the coverage on the dwelling and contents is broad but is still limited to specific risks named in the policy. The perils that are typically included cover a wide range of scenarios such as fire, lightning, windstorm, and theft, among others. This comprehensive approach allows homeowners to have a more extensive safety net against potential losses.

The presence of theft coverage in HO-2 policies further distinguishes them as more protective compared to more basic policies, like HO-1, which offers fewer protections. This makes option C the most accurate representation of what is included in an HO-2 policy.

For contrast, while the other options mention various forms of coverage, they do not accurately reflect the comprehensive nature of HO-2 policies. They either describe limited coverage scenarios or incorrectly characterize the extent of perils covered.