In a DP-2 Broad Form policy, which incident would be covered under the peril of Theft?

In a DP-2 Broad Form policy, the peril of Theft is defined as the unlawful taking of property with the intention to deprive the owner of it. It specifically encompasses acts that do not involve direct damage to property but rather the act of theft itself.

In this context, the correct scenario that falls under the peril of Theft would be the situation involving the theft of cash from a drawer. While the other options deal with incidents related to property loss or damage, they do not align as closely with the definition of theft under the policy.

For instance, while damage caused by a burglar breaking in might be related to theft, it typically falls under coverage for vandalism or damage that results from a burglary rather than being classified as a theft of property itself. Likewise, the loss of jewelry from a safe would be considered theft but would not be covered if the item were stolen under specific circumstances outlined in the policy. Also, theft of appliances from a rental property could be considered theft, but in the context of the policy, it may depend on the specific terms and conditions differentiating personal ownership and coverage criteria.

Thus, the most straightforward and relatable incident clearly falling under the coverage for theft is the theft of cash from a drawer, as it