Which of the following is a common exclusion found in personal auto insurance policies?

Wear and tear is a common exclusion found in personal auto insurance policies because these policies are designed to cover unexpected events rather than the normal depreciation and maintenance that vehicles naturally undergo over time. This exclusion emphasizes that auto insurance is intended to offer protection against sudden and unforeseen incidents, like accidents, theft, or disasters, rather than covering routine deterioration that occurs from use.

In contrast, accidental damage caused by theft may be covered under certain circumstances in a policy, while collision with another vehicle is typically covered under the collision portion of an auto insurance policy. Natural disasters, like storms or floods, may also be covered depending on the specifics of the policy, although they may require additional coverage or endorsement. Thus, wear and tear clearly distinguishes itself as a fundamental exclusion in standard personal auto insurance policies.