What is typically not covered under a standard unendorsed dwelling policy?

A standard unendorsed dwelling policy is designed to provide coverage for certain types of property damage, primarily those caused by risks that are typical for homeowners. Fire damage, windstorm damage, and theft are usually covered under such policies as they are considered common perils. However, flood damage is generally excluded from typical dwelling policies unless a specific endorsement is added to cover it. This makes the option referring to flood damage the correct answer in this context. Flood damage is often subject to separate coverage requirements and may require a specialized flood insurance policy from the National Flood Insurance Program (NFIP) or a private insurer.

In the context of the other options, while fire, theft, and windstorm damage are typically covered under a standard dwelling policy, flood damage is the exception that requires additional policy provisions for coverage, thus solidifying the rationale for not being included in a standard unendorsed policy.