What is a common exclusion found in bailment coverage policies?

In bailment coverage policies, a common exclusion is damage from normal wear and tear. This is because bailment generally pertains to the temporary transfer of possession of personal property from one party to another, with the expectation that the property will be returned in its original condition, barring normal usage.

Normal wear and tear refers to the natural deterioration of property due to ordinary use over time, which is typically expected and not the fault of the bailee. Insurers generally exclude such damage from coverage, as it is part of the inherent risk involved in the use of personal property. The purpose of bailment coverage is to protect against loss or damage that occurs outside of expected usage, rather than everyday degradation.

In contrast, the other options focus on specific scenarios or types of losses that may be covered under certain conditions or that may involve potential negligence, making them less universally applicable as common exclusions in bailment policies.