Which of the following is NOT a typical coverage under a standard property insurance policy?

Which of the following is NOT a typical coverage under a standard property insurance policy?

• A. Fire damage
• B. Theft of personal property
• C. Earthquake damage
• D. Vandalism

Answer: (C)

A standard property insurance policy, such as a homeowners policy, usually encompasses a range of common perils including fire damage, theft of personal property, and vandalism. These are frequently included in the basic coverage offered to policyholders, as they represent typical risks associated with residential property. Earthquake damage, however, is generally not included in standard property insurance policies. Coverage for earthquakes is often considered a special addition and requires a separate policy or endorsement. This distinction is significant because it reflects the specific nature of risks which insurers may either choose to underwrite based on regional considerations or exclude for risk management reasons. Therefore, the correct answer identifies earthquake damage as the option not typically covered under a standard property insurance policy.

A standard property insurance policy, such as a homeowners policy, usually encompasses a range of common perils including fire damage, theft of personal property, and vandalism. These are frequently included in the basic coverage offered to policyholders, as they represent typical risks associated with residential property.

Earthquake damage, however, is generally not included in standard property insurance policies. Coverage for earthquakes is often considered a special addition and requires a separate policy or endorsement. This distinction is significant because it reflects the specific nature of risks which insurers may either choose to underwrite based on regional considerations or exclude for risk management reasons. Therefore, the correct answer identifies earthquake damage as the option not typically covered under a standard property insurance policy.