Which of the following is a common exclusion in property insurance policies?

Maintenance issues are commonly excluded in property insurance policies due to the nature of insurance being designed to cover unexpected events rather than predictable and preventable wear and tear. Insurers typically expect policyholders to maintain their property in good condition, meaning that issues arising from a lack of maintenance—such as a leaky roof or aging appliances—would not be covered.

By excluding these types of claims, insurance policies limit their liability to cover only those damages that are accidental or arise from perils outlined in the policy. This distinction helps to keep premiums more affordable for policyholders, as the risks they are insuring against are those that a reasonable person would not be able to foresee or prevent through regular maintenance.

In contrast, fire damage and theft are standard coverage areas, and while natural disasters may be covered in some policies or as endorsements, they can also be excluded depending on the specific terms of the policy. Understanding these exclusions helps policyholders make informed decisions about how to protect their properties and manage risks.