INTRODUCTION The Insurance Services Office (ISO) provides a sample declarations for insurance companies to use or refer to as they develop their own unique declarations. It includes descriptive and inclusive language that clearly identifies the risk, coverage information that relates to specific areas in the coverage form, and rating and premium information that applies to …
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Ethan's Blog » Equipment Breakdown
INTRODUCTION The Insurance Services Office (ISO) Equipment Breakdown Protection Coverage Form does not have any limitations on the specific types or categories of businesses or risks that are eligible for coverage. It is available for any entity that has eligible equipment and needs the coverage it provides. It can be written either as a stand-alone …
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Ethan's Blog » Equipment Breakdown
INTRODUCTION The Insurance Services Office (ISO) Equipment Breakdown Protection Coverage Form insures losses to covered property caused by the breakdown of covered equipment. Eligible property includes all property the named insured owns. It also includes property it does not own but that is in its care, custody, or control and for which it is legally …
Read moreISO Equipment Breakdown Coverage Form Overview
Ethan's Blog » Equipment Breakdown