Common exclusions in a condo insurance policy typically include earthquakes, floods, wear and tear, pest infestations, intentional damage, and acts of war or terrorism. Standard policies often exclude damage to shared areas like hallways and roofs, which fall under the condo association’s master policy. High-value items such as jewelry, art, or collectibles may have limited coverage unless additional endorsements are purchased. Water damage from sewer backups or slow leaks is usually not covered unless a rider is added. Liability coverage may exclude incidents related to business activities conducted within the condo. Some policies also exclude damages caused by neglect or failure to maintain the unit properly. If a loss occurs due to nuclear hazards, government seizures, or illegal activities, coverage is typically denied. Always review the specific terms of your policy to understand what is excluded and consider purchasing additional coverage if necessary.