Which of the following is a common exclusion in most homeowners' policies?

Homeowners' policies typically include various exclusions, which are specific instances or types of damage that the policy does not cover. One common exclusion is intentional acts. This exclusion is in place because insurance is designed to cover unforeseen risks and losses; when a policyholder intentionally causes damage or harm, it is against the principles of insurance and risk management.

Intentional acts encompass actions taken with the intent to cause loss or damage, whether it be to one's own property or that of others. Insurers do not want to provide coverage for situations where the insured had control over the outcome and chose to act in a harmful manner.

In contrast, other options, such as damage from natural disasters, theft, and damage from fire, are typically covered or have specific terms that outline their coverage rather than being outright exclusions. Natural disasters might have limitations or require separate endorsements, and theft and fire damage are generally part of standard coverage under homeowners' policies as long as conditions are met.