In which scenario would property insurance NOT provide coverage?

Property insurance typically excludes certain types of damage, and flooding is a common exclusion in many property insurance policies. Standard homeowners and business property policies do not cover flood damage because it is considered a high-risk peril. Therefore, in the scenario where flooding causes damage to a home, property insurance would not provide coverage unless the policy specifically includes flood insurance or the policyholder has purchased a separate flood insurance policy through the National Flood Insurance Program (NFIP) or other carrier specializing in flood coverage.

The other scenarios involve types of damages that are generally covered by standard property insurance policies. Fire damage is typically covered under most policies; theft during a storm is also regarded as a covered peril, as personal property is generally protected against theft regardless of the weather conditions; and vandalism to business property is commonly included in property insurance coverage as well, addressing the risks related to malicious damage.