Which of the following perils is NOT covered under the broad form dwelling policy?

The correct response highlights that theft is not typically covered under a broad form dwelling policy. Broad form dwelling policies are designed primarily to provide coverage for specific types of risks associated with the structure of a dwelling, such as fire and lightning, which are common perils that can cause significant damage to a property.

While these policies may provide coverage for various causes of loss, theft is generally not included among the standard perils unless specifically added through endorsements. Therefore, homeowners looking for protection against theft would need to consider additional coverage options or a different type of policy that explicitly addresses this risk.

This distinction is crucial for policyholders in understanding the limitations of their coverage under a broad form dwelling policy and for making informed decisions about their insurance needs. Moreover, by recognizing that perils like fire, lightning, and collapse are included under this policy type, it becomes evident that these are considered more fundamental risks to properties that insurance typically seeks to address.