What is typically excluded from coverage under a standard property insurance policy?

In a standard property insurance policy, intentional damage is typically excluded from coverage because insurance is designed to protect against unforeseen and accidental losses. When a policyholder intentionally damages their property or allows it to be damaged, it defeats the purpose of the insurance contract, which is based on the principle of indemnity—providing compensation only for unintentional losses.

Fires and theft are generally covered unless specific exclusions apply, as they are considered risks that can occur unpredictably. Similarly, water damage may be covered, particularly if it results from a covered peril such as a burst pipe, although there are specific conditions and limits that apply to different types of water damage. Therefore, the exclusion of intentional damage reinforces the assurance that insurance is meant to mitigate risks that policyholders cannot control or predict.