Which of the following events would likely NOT trigger a penalty for vacancy in insurance?

The temporary absence of occupancy generally would not trigger a penalty for vacancy in insurance because it is considered a short-term situation rather than a permanent state of vacancy. Insurance policies often have specific provisions that allow for a certain level of absence without penalizing the policyholder, particularly in situations where the property owner is simply away for a defined period, such as for travel or temporary relocation.

In contrast, being vacant for over a specific duration, undergoing long-term renovations, or being on the market for sale typically represent conditions where the insurer might deem the property to be at higher risk or potentially abandoned. These situations could lead to higher risks of damage or loss, resulting in the imposition of penalties or restrictions under the terms of an insurance policy. Thus, the temporary absence of occupancy is viewed more leniently, allowing property owners to maintain coverage without the same risks associated with more prolonged or indefinite vacancies.