Under a homeowners policy, which condition excludes vandalism and malicious mischief coverage?

The exclusion of vandalism and malicious mischief coverage in a homeowners policy occurs when the property is vacant for more than 60 days. Insurers often establish this condition to mitigate the risks associated with unoccupied homes, as properties left vacant can become targets for vandalism and deterioration. When a home is unoccupied for an extended period, the likelihood of damage occurring increases, presenting a higher risk for insurance providers.

In situations where the property is sold, rented, or under construction, these do not automatically lead to the exclusion of vandalism and malicious mischief coverage. For instance, a property being rented is likely still maintained to some extent and may not carry the same risks as a vacant property. Similarly, properties under construction are often monitored and secured by builders or contractors, decreasing the potential for vandalism compared to a completely vacant home. Therefore, the specific condition concerning the duration of vacancy is the critical factor for the exclusion of this coverage.