A commercial property policy includes a 'vacancy clause.' A building has been vacant for 62 days and is damaged by vandalism. How does the vacancy clause affect coverage?

VACANCY CLAUSE in commercial property: STANDARD PROVISION: If a building is vacant for more than 60 consecutive days (some policies 30 days), the insurer: suspends coverage for certain perils (vandalism and malicious mischief are almost always suspended); may reduce payment by 15% for covered losses that do occur; some policies exclude ALL damage after the vacancy threshold; DEFINITION OF VACANT: Building contains less than 31% of its intended occupancy or operations; note the difference from 'unoccupied' (temporarily not in use but still furnished/maintained); WHY IT MATTERS: Vacant buildings present higher risk — no one present to detect fires, leaks, or intruders early; vandalism risk is significantly elevated; INSURER NOTIFICATION: Policyholders should notify their insurer when a building will be vacant for an extended period — endorsements or vacant building policies are available; ADJUSTER VERIFICATION: Confirm vacancy status and duration; apply vacancy clause provisions per policy language.