Under homeowners insurance policies, what type of loss does not fall under the common lost categories?

In the context of homeowners insurance policies, a collapse is considered a specific type of loss that may not be classified under the common loss categories typically highlighted in standard coverage. Homeowners insurance generally covers a range of risks, including fire damage, liability for accidents on the property, and certain natural disasters like wind storms or hail, depending on the specifics of the policy.

Fire damage represents a clear and commonly covered peril, as does liability, which protects the insured from legal claims for injuries or damages they may inadvertently cause. Natural disasters, while often limited by specific exclusions or conditions, can also fall under typical coverage, especially events like tornadoes or hurricanes that are commonly anticipated risks.

In contrast, collapse usually refers to situations where a structure falls down or fails to hold itself up. While some policies may cover collapse resulting from specific causes, it is not included among the primary categories of loss that homeowners insurance is designed to address. This distinction underlines that the standard homeowners policy may not automatically include collapse unless explicitly stated, whereas the other listed types of risks are generally well-covered within most homeowner insurance frameworks.