Question

Dwelling policies exclude inherent vice because:

A. Items containing inherent vice will eventually breakdown or self-destruct
B. Theft of anything not attached to the structure is excluded
C. It is passed down from one vice to the next
D. Vandalism usually occurs when inherent vice overrides the will

Answer 1

Inherent vice in dwelling policies is excluded because it refers to the natural breakdown or self-destruction of items over time, and insurance does not cover such inevitable losses.

Step-by-step explanation:

Dwelling policies exclude inherent vice because items containing inherent vice will eventually break down or self-destruct.

This exclusion is due to the understanding that certain items or materials have a natural propensity toward deterioration, degradation, and at some point, inevitable failure, regardless of the care taken to preserve them. Insurance coverage typically does not protect against losses that are considered inevitable or due to an item's natural behavior.

Hence, insurers exclude such losses to prevent paying out for damages that are certain to occur due to the nature of the item itself.

J11