What is a common exclusion found in a commercial property insurance policy?

Wear and tear or gradual deterioration is a common exclusion found in commercial property insurance policies because these types of damages generally occur over time due to the normal use of the property. Insurance is designed to protect against sudden, accidental losses rather than routine upkeep and maintenance issues.

Effective risk management requires property owners to maintain their premises and address issues like aging infrastructure, which falls under the category of regular maintenance that insurers do not cover. Exclusions for wear and tear encourage businesses to maintain their properties properly and not rely on insurance for issues that should be managed through regular upkeep.

The other choices, while they may have specific limitations or conditions, are often covered under certain circumstances in different policies. Theft can be covered depending on the policy specifics, damage from natural disasters might be included or excluded based on the type of disaster and the terms of the policy, and injuries to employees are typically addressed through workers' compensation insurance rather than commercial property insurance.