What type of property is specifically excluded by the standard fire policy?

The standard fire policy typically excludes money among other specific items. This exclusion is based on the fact that money is highly liquid and can be easily taken out of a premises without any permanent loss of value in terms of the property being insured. Insurers commonly see the need to limit their risk exposure to items that can be more easily lost, misplaced, or stolen, which includes cash and other forms of monetary currency.

While vehicles, real estate, and inventory may also have their own separate insurance policies or coverage options, the standard fire policy specifically identifies money as an exclusion. This helps insurance companies manage risk and focus on covering tangible property that has a physical or structural presence, which also includes items like buildings and their contents, but not cash or equivalent valuables that are easily transferred or removed.