What type of perils are covered under a Special Dwelling Policy indicated by T-OE-RID-OW?

The correct answer pertains to the coverage of theft, which is included under a Special Dwelling Policy. This type of policy typically provides broader coverage than basic dwelling policies, often encompassing various risks, including theft, which protects policyholders from the loss of personal property due to theft or burglary.

The Special Dwelling Policy is designed to cover a range of perils not limited to just the structure of the home but also the contents within it. This is significant for homeowners who want extensive coverage for their personal belongings and want protection against different forms of loss.

While options like flood or natural disasters can be significant risks, they are generally covered under specific endorsements or separate policies, not automatically included in the Special Dwelling Policy. Fire, on the other hand, is commonly covered, but in this context, theft stands out as a critical component of the policy coverage, emphasizing the protection offered against personal and property crime.