Which factor is NOT generally covered under a homeowners insurance policy?

Homeowners insurance policies are designed to provide coverage for various types of risks associated with owning a home. However, they typically do not cover losses that arise from normal wear and tear. This is because wear and tear is considered a part of the natural decline of property value over time and is not an insurable event. Homeowners insurance is meant to address sudden and accidental damages, not the gradual deterioration that comes with age and use.

On the other hand, personal property, liability for injuries to others, and losses from theft are generally covered under most homeowners insurance policies. Personal property coverage protects the belongings inside the home, while liability coverage offers protection in case someone is injured on your property. Additionally, theft coverage ensures that if personal items are stolen, the homeowner can file a claim to recoup their losses. Understanding these distinctions is crucial for homeowners to grasp the scope of their insurance protection.