Which coverage is typically not included in standard homeowner's insurance?

The correct answer is that flood damage is typically not included in standard homeowners insurance. Homeowners policies are designed to cover a variety of perils, including damage to personal property, liability protection for injuries or damages occurring on one's property, and fire coverage. However, flood damage is often treated as a separate risk.

This distinction is important because flooding can cause significant destruction, and standard homeowners policies typically exclude this type of coverage to limit the insurer's exposure to high-risk areas. Homeowners in areas prone to flooding are generally advised to purchase separate flood insurance policies to ensure adequate protection against water damage from floods. This need for a separate policy underlines the unique nature of flood risk compared to other types of perils covered in a standard homeowners insurance policy.