What specific loss is typically not covered by property policies?

The loss of rental income due to unsafe conditions is typically not covered by standard property insurance policies. These policies generally focus on covering physical damage to the property caused by specific events, such as fire, theft, or vandalism. While property insurance protects the structure and its contents, loss of rental income is a consequential loss that may require separate coverage, such as business interruption insurance or loss of rental income coverage, which are specifically designed to protect against such losses.

Physical damage resulting from a fire, costs of repairs from fire damage, and expenses incurred from temporary relocation are typically covered under standard property insurance policies, since they relate directly to the physical loss or damage to the property itself. In contrast, loss of income reflects a financial consequence stemming from damage to the property rather than damage directly affecting the physical asset.