Which of the following events could be covered under a standard homeowners policy?

A standard homeowners policy is designed to cover a wide range of events that may cause damage to a home and its contents. The correct answer is based on the scope of coverage typically offered by such policies.

Damage to floors caused by bursting pipes inside the house is covered under a standard homeowners policy because it falls under the category of sudden and accidental water damage. This type of incident is recognized as a peril that is insurable, and the policy often includes coverage for damages arising from plumbing issues. Homeowners are protected against these unexpected accidents, which can lead to significant property damage.

While the other events may seem plausible, they do not all align with typical coverage provisions. For instance, theft of jewelry usually has specific limits under standard homeowners policies and may require additional coverage (such as a rider) to be fully protected. Damage from a tornado is generally covered, but if the policyholder has specific exclusions for wind-related events, it could be excluded, depending on the specifics of the policy. Natural deterioration of the roof is not covered, as standard policies do not protect against wear and tear or maintenance issues that are a normal part of home ownership.

Understanding the specific coverages, limitations, and exclusions provided by a standard homeowners policy is essential for effective risk management