commercial property coverage forms (CP)

Commercial property (CP) coverage forms are Insurance Services Office, Inc. (ISO), CP insurance forms that define, limit, and explain what property or property interest is covered.

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An ISO CP policy consists of one or more coverage forms, one or more causes of loss forms, the CP conditions form, the common policy conditions form, and the declarations. The most widely used ISO CP 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).

Related Terms


All risks coverage is property insurance covering loss arising from any fortuitous cause except...

The building and personal property coverage form is the key Insurance Services Office, Inc. (ISO),...

Business income coverage (BIC) is commercial property insurance covering loss of income suffered by...

Causes of loss forms are Insurance Services Office, Inc. (ISO), commercial property insurance forms...

A commercial property policy is an insurance policy for businesses and other organizations that...

The declarations is the front page (or pages) of a policy that specifies the named insured,...

The Insurance Services Office, Inc., is an organization that collects statistical data, promulgates...

Named perils coverage is a property insurance term referring to policies that provide coverage only...

Property insurance is first-party insurance that indemnifies the owner or user of property for its...