Which type of peril is typically excluded under standard homeowners policies?

Flood damage is typically excluded under standard homeowners policies because these policies are designed to cover specific perils related to the structure and contents of a home, such as fire, theft, and certain types of water damage that are not related to flooding. Flooding is often covered through separate flood insurance policies, which are specifically tailored to address the risks and damages associated with flood events. Homeowners are often encouraged to purchase additional flood insurance depending on their geographic location and risk assessment, as standard policies do not provide this coverage, which is crucial for homeowners in flood-prone areas.

In contrast, fire damage and theft are covered by standard policies, as these are common perils associated with homeownership. Earthquake damage may also be excluded, but it is less universally excluded than flood damage and can vary based on the insurer. Therefore, flood damage stands out as the peril that is most consistently excluded across standard homeowners policies.