What type of policy is used to insure commercial risks covering various perils, except one?

The type of policy that insures commercial risks against various perils, while excluding specific risks, is typically referred to as a standard commercial property insurance policy. This policy is designed to cover a broad range of risks that businesses may face, such as fire, theft, and storm damage. However, certain perils like flood damage are often excluded or require separate coverage due to the specialized nature of the risk.

In the context of this question, electrical currents represent a specific and less common peril compared to others, which are often covered under standard commercial policies. While fire, storm, and flood damages are recognized risks that commercial policies may address, electrical current issues, such as power surges that lead to equipment damage, are usually excluded. As such, the answer indicates that these perils are generally not included within the standard list of covered risks in commercial insurance policies, illustrating a nuanced understanding of policy exclusions.