What loss is NOT covered by the Homeowners Comprehensive Form (IBC 1155)?

The Homeowners Comprehensive Form (IBC 1155) is designed to provide broad coverage for various perils faced by homeowners. However, it explicitly excludes certain types of losses, one of which is earthquake damage. This exclusion is significant because earthquakes are considered natural disasters that can cause extensive damage, and coverage for such events typically requires a separate policy or endorsement.

In contrast, the other listed coverages—fire damage to the dwelling, theft of personal property, and vandalism of external structures—are generally included in the Homeowners Comprehensive Form. Fire damage is a common peril covered by homeowners insurance, and theft as well as vandalism are also recognized risks for which homeowners seek protection in their insurance policies.

Understanding these distinctions is crucial for homeowners when evaluating their insurance needs, as it highlights the importance of ensuring appropriate coverage for potential risks, particularly natural disasters that may not be included in standard policies.