BP 07 12 Self-Storage Facilities

An Insurance Services Office (ISO) standard form. It adapts the businessowners policy for self-storage facilities, adding accrued rental charges, employee dishonesty for customers' property, customers' goods legal liability, and liability for lock-outs and sale or disposal of customers' property.

1. 01 10 edition

   Jan 2010, compared with 01 06Latest edition

   • The customers' goods legal liability limit rises from $25,000 to $50,000 per occurrence unless a higher amount is shown, and applies separately to each premises.

     01 06

     “regardless of the number of "customers" at one location, is $25,000”

     01 10

     “under the Customers' Goods Legal Liability Coverage is $50,000 unless a higher amount is shown in the Declarations”

   • The lock-out and sale or disposal liability limit rises from $5,000 to $25,000.

     01 06

     “during the policy period is $5,000”

     01 10

     “under the Lock-out Or Sale, Removal And Disposal Liability Coverage is $25,000”

   • Customers' goods legal liability now has a $250 deductible per occurrence.

     01 06

     Not in this edition

     01 10

     “until the amount of loss or damage exceeds $250”

   • Customers' goods legal liability adds exclusions for intentional damage or dishonest or criminal acts by you, your employees or anyone entrusted with the property, and for loss covered under the property section.

     01 06

     Not in this edition

     01 10

     “Liability arising out of intentional "property damage" or dishonest or criminal acts by you, your "employees"”

1 other edition date appears in one or two filings each, often carrier-specific versions: 07 02.

Where filings record what this form replaced, they name other forms VP 07 12. Only some filings record replacements.

• Edition in use: in the past 12 months, 7 companies filed the 01 10 edition.
• BP 04 08 (Additional Insured - Townhouse Associations) is filed alongside it most often, in 32 of the same filings (53%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Jul 2026, excluding withdrawn and rejected filings.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

• Tokio Marine Holdings Incorporated GroupUses BP 07 12 in 1 filing

• BP 04 08Additional Insured - Townhouse Associations32 filings
• BP 04 41Business Income Changes - Time Period32 filings
• BP 14 04Windstorm or Hail Losses to Roof Surfacing - Actual Cash Value Loss Settlement32 filings
• BP 07 11Motel – Liability for Guests’ Property In Safe Deposit Boxes31 filings
• BP 00 03Businessowners Coverage Form30 filings
• BP 05 47Computer Fraud and Funds Transfer Fraud30 filings
• BP 07 04Business Liability Coverage - Property Damage Liability Deductible (Per Occurrence Basis)30 filings
• BP 04 01Comprehensive Business Liability Exclusion (All Hazards in Connection with Designated Premises or Operations)29 filings
• BP 04 16Additional Insured - Lessor of Leased Equipment29 filings
• BP 04 31Food Contamination29 filings