Disable ads (and more) with a membership for a one time $4.99 payment
Under the Special Form of a farm policy, how long can a property be vacant before vandalism coverage is excluded?
10 days
20 days
30 days
60 days
The correct answer is: 30 days
In a Special Form farm policy, vandalism coverage is specifically excluded if a property is vacant for more than 30 consecutive days. This provision is included to encourage property owners to regularly monitor and maintain their properties. If a property is vacant for an extended period, it is considered to have a higher risk for vandalism, theft, or other damages since there is no occupation to deter such acts. Thus, the policy protects insurers by limiting the period during which a property can remain unoccupied while still receiving coverage for vandalism. In this context, 30 days acts as a clear boundary where the insurer may begin to see increased risks and may decide to exclude coverage for that specific peril.