24. Under a Businessowners Coverage Form, if a building has been vacant for more than 60 consecutive days before the loss, which of the following causes of loss is excluded
Answer: B
Vandalism is excluded if the building has been vacant for more than 60 consecutive days before the loss.
When a building has been vacant for over 60 consecutive days, vandalism is specifically excluded from coverage under a Businessowners Coverage Form.
A) Explosion
Explosion is not excluded under the Businessowners Coverage Form, even if the building has been vacant for over 60 days. This cause of loss remains covered regardless of the building's occupancy status.
B) Vandalism
Vandalism is excluded when a building has been vacant for more than 60 consecutive days prior to a loss. This exclusion is a standard provision in many insurance policies to mitigate risks associated with vacant properties.
C) Riot
Riot is not excluded due to vacancy under the Businessowners Coverage Form. Losses resulting from riots are typically covered, irrespective of the occupancy status of the building.
D) Fire
Fire is also not excluded when the building has been vacant for an extended period. Coverage for fire damage remains intact, ensuring protection against this common risk.
Conclusion
Vandalism is definitively excluded from coverage if a building has been vacant for more than 60 consecutive days, distinguishing it from other causes of loss such as explosion, riot, and fire, which retain their coverage regardless of the vacancy status. This exclusion helps insurance companies manage the increased risk associated with unoccupied properties.