Which of the following is NOT a common property insurance exclusion?

In property insurance, exclusions are specific conditions or situations that are not covered by the policy. When evaluating the options presented, it’s essential to recognize that theft is commonly included as a risk that property insurance aims to cover, rather than an exclusion.

Wear and tear, criminal acts, and pollution typically are categorized as exclusions because they fall outside the scope of what insurance is designed to cover. Wear and tear refers to the natural deterioration of property over time, which insurers do not cover as it is expected and recurrent. Criminal acts are excluded as policies generally do not cover losses that result from illegal activities. Pollution is also frequently excluded; most standard property policies do not cover damages resulting from pollution incidents or the costs associated with environmental cleanup.

The inclusion of theft as a coverage is a foundational aspect of property insurance, making it distinct from the other options. Thus, theft is considered a risk that property insurance is intended to protect against, while the others are typically excluded from coverage. This distinction clarifies why theft is not a common property insurance exclusion.