What does Commercial Property Coverage Forms mean? Read on to discover the definition & meaning of the term Commercial Property Coverage Forms - to help you better understand the language used in insurance policies.
Commercial Property Coverage Forms
Insurance Services Office, Inc. (ISO), commercial property insurance forms that define, limit, and explain what property or property interest is covered. An ISO commercial property policy consists of: one or more coverage forms, one or more causes of loss forms, the commercial property conditions form, the common policy conditions form, and the declarations. The most widely used ISO commercial property coverage forms are the building and personal property coverage form (CP 00 10) and the business income and extra expense coverage form (CP 00 30).
We hope the you have a better understanding of the meaning of Commercial Property Coverage Forms.