BP 00 03 Businessowners Coverage Form

An Insurance Services Office (ISO) standard form. Businessowners coverage form combining property coverage for buildings and business personal property, with business income, extra expense and other additional coverages, and business liability coverage, subject to its exclusions, limits and conditions.

1. 08 24 edition

   Aug 2024, compared with 07 13Latest edition

   • Distances for property in the open or in a vehicle, and for related coverages, are extended from 100 feet to 1,000 feet of the described premises.

     07 13

     “within 100 feet of the described premises”

     08 24

     “within 1,000 feet of the described premises”

   • Electronic data and interruption of computer operations coverage now exclude loss caused by ransomware.

     07 13

     Not in this edition

     08 24

     “Ransomware, meaning any software that encrypts "electronic data" held within a computer system”

   • Building property now includes antennas and their wiring, masts or towers attached to the buildings. Antennas not attached fall under outdoor property.

     07 13

     Not in this edition

     08 24

     “Antennas (including dish-shaped antennas) and their lead-in wiring, masts or towers attached to the buildings”

2. 07 13 edition

   Jul 2013, compared with 01 10

   • The additional amount for debris removal rises from $10,000 to $25,000 per location.

     01 10

     “We will pay up to an additional $10,000 for debris removal expense”

     07 13

     “We will pay up to an additional $25,000 for debris removal expense”

   • The extended business income period rises from 30 to 60 consecutive days.

     01 10

     “30 consecutive days after the date determined in Paragraph (a)(i) above”

     07 13

     “60 consecutive days after the date determined in Paragraph (a)(i) above”

   • Business income from dependent properties now also covers loss at secondary dependent properties.

     01 10

     Not in this edition

     07 13

     “at the premises of a dependent property or secondary dependent property caused by”

   • Debris removal now covers other debris on the described premises, up to $5,000 per location when no covered property is damaged.

     01 10

     Not in this edition

     07 13

     “However, if no Covered Property has sustained direct physical loss or damage, the most we will pay for removal of debris of other property”

2 other edition dates appear in one or two filings each, often carrier-specific versions: 05 22, 02 22.

Where filings record what this form replaced, they name earlier editions 01 10, 07 13 and other forms N/A, VP 00 03. Only some filings record replacements.

• Edition in use: in the past 12 months, 5 companies filed the 07 13 edition and 3 companies filed 08 24.
• BP 04 48 (Additional Insured – Designated Person Or Organization) is filed alongside it most often, in 105 of the same filings (95%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Oct 2026, excluding withdrawn and rejected filings. One filing can cover several affiliated companies.

• Chubb Limited GroupUses BP 00 03 in 1 filing
• Tokio Marine Holdings Incorporated GroupUses BP 00 03 in 2 filings

• BP 04 48Additional Insured – Designated Person Or Organization105 filings
• BP 04 02Additional Insured – Managers Or Lessors Of Premises104 filings
• BP 04 16Additional Insured – Lessor Of Leased Equipment104 filings
• BP 04 06Additional Insured – Controlling Interest103 filings
• BP 04 09Additional Insured – Mortgagee, Assignee Or Receiver103 filings
• BP 04 11Additional Insured – Co–Owner Of Insured Premises102 filings
• BP 04 10Additional Insured – Owners Or Other Interests From Whom Land Has Been Leased101 filings
• BP 04 07Additional Insured – State Or Governmental Agency Or Subdivision Or Political Subdivision – Permits Or Authorizations Relating To Premises100 filings
• BP 04 30Protective Safeguards99 filings
• BP 14 05Additional Insured – Grantor Of Franchise99 filings