Which of the following is an example of an exclusion under the Dwelling Policy?

In the context of a Dwelling Policy, exclusions are specific types of losses that are not covered under the policy provisions. Theft is often included as an exclusion in certain types of coverage, especially those focused on property that may not provide blanket protection against all forms of loss.

Commonly, a Dwelling Policy primarily covers risks associated with the physical structure of the home and related perils, while personal property coverage can vary. Theft can be specifically excluded in some dwelling policies or limited in coverage based on the type of dwelling policy purchased (for example, basic versus broad or special forms).

The other options typically represent covered perils or liability associated with property ownership. Fire damage is usually one of the principal risks insured against, personal liability is often included to protect homeowners from lawsuits arising from injuries or damages for which they are legally responsible, and windstorm damage is generally covered unless a specific exclusion is outlined in the policy. Therefore, theft stands out as a potential exclusion in this scenario.