Property Policies vary a lot but typically all policies will cover what are called Specified Perils.

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"Specified Perils" Subject to the exclusions and conditions in this policy, Specified Perils mean: 1. fire; 2. lightning; 3. explosion; 4. smoke due to a sudden, unusual and faulty operation of any heating or cooking unit in or on the premises; 5. a falling object which strikes the exterior of the building but not an object which strikes the building because of snowslide, landslide or any other earth movement; 6. impact by aircraft or land vehicle; 7. riot; 8. vandalism or malicious acts, not including loss or damage caused by theft or attempted theft; 9. water damage meaning damage caused by: a. the sudden and accidental escape of water from a watermain; b. the sudden and accidental escape of water or steam from within a plumbing, heating, sprinkler, air conditioning system or domestic water container, which is located inside your dwelling; c. the sudden and accidental escape of water from a domestic water container located outside your dwelling. However, such damage is not covered when the escape of water is caused by freezing; d. water which enters your dwelling through an opening which has been created suddenly and accidentally by a peril not otherwise excluded; e. the backing up or escape of water from an eaves trough or down spout, or by ice damming, provided the water has not entered through a basement or foundation wall; 10. windstorm or hail, excluding loss or damage caused by weight of ice, snow, or sleet waves or floods, all whether driven by wind or not. This peril does not include loss or damage to your personal property within a building, caused by windstorm, hail or coincidental rain damage unless the storm first creates an opening in the building; 11. transportation meaning loss or damage to your personal property, caused by collision, upset, overturn, derailment, stranding or sinking of any motorized vehicle or attached trailer in which the insured property is being carried. This would also apply to any conveyance of a common carrier, but does not include loss or damage to property in a vacation or home trailer which you own. Watercraft, their furnishings, equipment or motors are also not covered.[QUOTE]

Most policies will cover all risks expect for listed exclusions. Some the the typical exclusions are:

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Exclusions – Section 1 Property not insured: 1. buildings or structures used in whole or in part for business or farming purposes; 2. retaining walls, unless the damage is caused by fire, lightning, impact by land vehicle or aircraft, vandalism and malicious acts; 3. sporting equipment where the loss or damage is due to its use; 4. animals, birds or fish unless the loss or damage is caused by a Specified Peril, other than impact by aircraft or land vehicle; 5. property at any fairground, exhibition or exposition for the purpose of exhibition or sale; 6. any property lawfully seized or confiscated unless such property is destroyed to prevent the spread of fire; 7. any property illegally acquired, used, kept, stored, imported or transported or any property subject to forfeiture; 8. evidences of debt or title. Loss or damage not insured: 9. scratching, abrasion or chipping of any personal property or breakage of any fragile or brittle articles unless caused by a Specified Peril, accident to a land vehicle, watercraft or aircraft, or theft or attempted theft; 10. wear and tear, deterioration, defect or mechanical breakdown; 11. inherent vice or latent defect; 12. the cost of making good: a. faulty or improper material; b. faulty or improper workmanship; or c. faulty or improper design. This exclusion does not apply to loss or damage caused directly by a resultant peril not otherwise excluded in this form. 13. a. data; or b. loss or damage caused directly or indirectly by a data problem, but you are still insured for ensuing loss or damage caused by fire, explosion, smoke or water damage, all as described Specified Perils. Nor do we insure loss or damage: 14. caused by rust or corrosion, wet or dry rot, or fungi or spores; 15. resulting directly from settling, expansion, contraction, moving, bulging, buckling or cracking except resulting damage to building glass; 16. occurring after your dwelling has, to your knowledge, been vacant for more than 30 consecutive days; 17. caused directly or indirectly by: a. any nuclear incident as defined in the Nuclear Liability Act or any other nuclear liability act, law or statute, or any law amendatory thereof or nuclear explosion, except for ensuing loss or damage which results directly from fire, lightning or explosion of coal, natural or manufactured gas; or b. contamination by radioactive material; 18. caused by war, invasion, act of a foreign enemy, hostilities, civil war, rebellion, revolution, insurrection or military power; 19. caused directly or indirectly, in whole or in part, by "Terrorism" or by any activity or decision of a government agency or other entity to prevent, respond to or terminate "Terrorism". This exclusion applies whether or not there are one or more other causes or events (whether covered or not) that contribute concurrently or in any sequence to the occasioning of the loss or damage. If any portion of this exclusion is found to be invalid, unenforceable or contrary to statute, the remainder shall remain in full force and effect. This exclusion does not apply to ensuing loss or damage which directly results from fire or explosion of natural, coal or manufactured gas; 20. resulting from an intentional or criminal act or failure to act by: a. any person insured by this policy; b. any other person at the direction of any person insured by this policy; or c. any tenant, tenants' guests, boarder or employee, or any member of the tenants' household; 21. from the part of the dwelling rented to others caused by theft or attempted theft by any tenant, tenant's employee or member of the tenant's household; 22. arising directly or indirectly from the growing, manufacturing, processing,storing, possession or distribution by anyone of any drug, narcotic or illegal substances or items of any kind. This includes any alteration of the premises to facilitate such activity, whether or not you have any knowledge of such activity; 23. to personal property undergoing any process involving the application of heat, or while being worked on, where the damage results from such process or work, but resulting damage to other property is insured; 24. caused directly or indirectly by animals owned by you or in your care,custody or control; 25. caused by birds, vermin, skunks, rodents, (other than raccoons and squirrels), bats or insects, except loss or damage to building glass; 26. caused by smoke from agricultural smudging or industrial operations; 27. caused by snowslide, earthquake, landslide, mudflow or any other earth movement; 28. caused by vandalism or malicious acts or glass breakage occurring while your dwelling is under construction or vacant even if permission for construction or vacancy has been given by us; 29. resulting from a change in ownership of property that is agreed to even if that change was brought about by trickery or fraud; 30. caused by or resulting from contamination or pollution, or the release, discharge or dispersal of contaminants or pollutants, unless the loss or damage resulted from the sudden and accidental bursting or overflowing of your domestic fixed fuel oil tank, apparatus or pipes; We do not insure loss or damage: a. to sewers; b. caused by continuous or repeated leakage or seepage; c. occurring while the dwelling is under construction or vacant, even if we have given permission for construction or vacancy; 31. caused by theft or attempted theft of property in or from a dwelling under construction, or of materials and supplies for use in the construction, until the dwelling is completed and ready to be occupied; 32. to an outdoor swimming pool or equipment attached to a public watermain, caused by water escape, rupture or freezing; 33. caused by continuous or repeated seepage or leakage of water; 34. caused by flood, surface water, spray, storm surge, ice or waterborne objects,all whether driven by wind or not unless the loss or damage resulted from the escape of water from a public watermain, swimming pool or equipment attached; 35. caused by water except as defined in Specified Perils; but we do not insure loss or damage: a. caused by the backing up or escape of water from a sewer, sump or septic tank, retention tank, French drain or water leader; b. caused by ground water or rising of the water table; c. caused by surface waters; d. to a watermain; e. to a system or domestic water container from which the water escaped; f. caused by shoreline ice build-up or by water-borne ice or other objects, all whether driven by wind or not; g. occurring while the building is under construction or vacant even if we have given permission for construction or vacancy; h. caused by freezing during the usual heating season: i. within a heated portion of your dwelling, if you have been away from your premises more than 4 consecutive days; but you will still be insured if any of the following precautions have been taken: • arranged for a competent person to enter your dwelling each day you were away, to ensure that heating was being maintained; or • shut off the water supply and had drained all the pipes and domestic water containers; or

As you can see...Act of God isn't an exclusion.

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Scott has been introduced to the rave scene, and Ecstasy, by Craig. The two of them go out on the weekends, with some of Craigs friends, and stay up all night, dancing in a drug-fueled trance.

Last edited by Moral Hazard on Apr-26-2011 at 07:48