Which type of cover under a household buildings insurance policy is typically subject to a 30 or 60 day unoccupied exclusion?

Household buildings insurance policies often include specific exclusions when a property is unoccupied for a certain period, typically ranging from 30 to 60 days. The correct choice, theft or extended theft cover, is particularly relevant in this context because insurers recognize that unoccupied properties are more vulnerable to theft and vandalism. By placing this exclusion, insurers mitigate their risk, as claims for theft during these unoccupied periods may be higher or more challenging to verify.

While fire damage, water damage, and natural disasters are also critical types of cover included in household buildings policies, they do not generally carry the same unoccupied exclusion provisions as theft. These types of perils can still affect a property regardless of occupancy, such as fire spreading due to an electrical fault or water damage resulting from pipes bursting. Thus, theft coverage specifically attracts this exclusion due to the increased risk associated with vacant homes.