In the Standard Fire Policy, what type of incidents are considered exclusions?

In the Standard Fire Policy, intentional losses are explicitly excluded because insurance is designed to protect against unforeseen and accidental events. When a loss is determined to be intentional, such as arson, it undermines the principle of indemnity, which aims to restore the insured to their financial position before the loss without profiting from it. Therefore, payments for losses that the insured caused intentionally would contradict the fundamental purpose of insurance.

While natural disasters may also be excluded in certain scenarios, many policies have specific endorsements to cover such incidents. Accidental damages and unintentional circumstances, on the other hand, are typically covered as they align with the protection that fire policies offer against sudden and accidental losses. This is why intentional losses stand out as clear exclusions in coverage.