What type of damage is specifically excluded due to neglect in the B and M policy?

In a Builders and Merchants (B and M) policy, damage that arises from lack of maintenance is specifically excluded due to the principle of neglect. This type of damage often results from the property owner's failure to properly care for or maintain the property over time. Insurers typically include this exclusion to encourage property owners to keep their assets in good condition. When an owner neglects routine upkeep, it can lead to deterioration or failure of components that might otherwise have been covered under the policy.

Routine wear and tear is expected in property ownership and is not directly due to a lack of care, but rather a natural outcome of usage over time. Damage from storms and storm flooding are typically risks that insurance policies are designed to cover, as they are considered unforeseen events rather than the result of neglect. Thus, the emphasis on maintenance as a key responsibility helps insurers manage risk effectively and provides clarity on what homeowners need to attend to in their property upkeep.