vandalism and malicious mischief insurance

Dictionary of Insurance Terms for: vandalism and malicious mischief insurance
vandalism and malicious mischief insurance

coverage usually written as an endorsement to property policies such as theStandard Fire Policy. A loss must be by the intentional acts of vandals. This peril is of particular importance to owners of structures that are not occupied during particular periods during the day, such as schools and churches. Vandals have little risk of being caught during these periods, when they are most likely to strike. Because of high frequency, a high deductible is usually required when insuring churches and schools.

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