How would you BEST explain the differences between the DP$1,$ DP$2,$ and DP$3$ coverage forms with respect to how they insure buildings?

The DP$1,$ DP$2,$ and DP$3$ provide only named perils coverage

The DP$1$ and DP$2$ insure buildings; the DP$3$ does not insure buildings

The DP$1$ and DP$2$ provide named perils coverage; the DP$3$ provides open perils coverage

The DP$1$ provides the broadest coverage and the DP$3$ provides the least coverage