What are two common exclusions found in property insurance policies?

Property insurance policies are designed to cover a wide array of risks to protect policyholders' assets. However, there are certain risks that are commonly excluded from coverage, and understanding these exclusions is crucial for insured individuals.

One significant exclusion is wear and tear. This refers to the gradual deterioration of property over time due to regular usage, which is expected and not an insurable event. Insurance is meant to cover unexpected damages rather than the normal aging process of a property.

Another common exclusion is intentional damage. Insurance policies typically do not provide coverage for damages that occur as a result of deliberate actions taken by the policyholder or authorized individuals. This is based on the principle that insurance is designed to protect against unforeseen events rather than to cover loss caused by one's own willful misconduct.

Both of these exclusions serve to clarify the intent of property insurance, which is to cover loss from sudden and accidental events rather than routine maintenance issues or actions that violate the terms of the policy.