Which of the following items would be excluded from coverage under a named perils form?

In a named perils form, only those specific perils listed in the policy are covered. The correct choice reflects a scenario that is typically excluded from coverage. Military damage is categorized as an exclusion because it is often not under the control of the insured party and can result from warfare or similar actions, which insurance policies generally do not cover due to the unpredictable and catastrophic nature of such events.

In contrast, fire, windstorm, and theft are commonly recognized as specific risks that many named perils policies do cover. These perils represent common threats that individuals or businesses face and for which insurance is often sought. Therefore, military damage is the item that would not be covered under a typical named perils insurance policy.