What is one common exclusion in a Businessowners Policy?

In a Businessowners Policy (BOP), exclusions are specific situations or types of damage that are not covered by the insurance. One common exclusion is related to intentional acts. This means that if a business owner or their employees deliberately cause harm or damage, the insurance policy will not provide coverage for that act. This exclusion is in place because insurance is designed to protect against unforeseen accidents and risks rather than deliberate actions that can be controlled.

Intentional acts are excluded to discourage fraudulent claims and ensure that the insurance system operates fairly for all policyholders. By not covering these acts, the policy promotes responsible behavior among businessowners and their employees. Other exclusions typically found in a BOP can include property damage resulting from specific activities or negligence, claims for work-related injuries typically covered by workers' compensation, and certain personal injury liability claims, but that does not diminish the significance of intentionally caused harm being excluded.