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

Earthquake damage is often a common exclusion in commercial property insurance policies. Insurers typically consider earthquake-related damage to be a significant risk that requires separate coverage. This is primarily due to the potentially catastrophic nature of earthquakes, which can lead to extensive damage that far exceeds the limits of standard property coverage. As a result, many insurers will exclude this type of damage from their standard policies and offer it instead as an optional endorsement or a separate policy altogether.

In contrast, other types of damage, such as theft, fire damage, and water damage, are usually included in standard commercial property insurance policies, albeit with certain conditions and limits. Insurance providers are more likely to cover these risks within the framework of regular business operations, as they tend to see them as more common and manageable than earthquake damage.