BP 17 03 Condominium Commercial Unit–Owners Optional Coverages

An Insurance Services Office (ISO) standard form. It gives a commercial condominium unit-owner optional loss assessment coverage for its share of association assessments and miscellaneous real property coverage for unit property it must insure, for units in the schedule.

1. 08 24 edition

   Aug 2024, compared with 07 13Latest edition

   • The automatic $1,000 per unit cap on assessments resulting from the association's own deductible is removed; a cap applies only when a sub-limit is shown in the schedule.

     07 13

     “However, we will not pay more than $1,000 per”

     08 24

     “However, when a sub-limit for Condominium Association Deductible is shown in the Schedule”

2 other edition dates appear in one or two filings each, often carrier-specific versions: 01 10, 01 06.

Where filings record what this form replaced, they name earlier edition 07 13 and other forms VP 17 03. Only some filings record replacements.

• Edition in use: in the past 12 months, 5 companies filed the 07 13 edition and 2 companies filed 08 24.
• BP 00 03 (Businessowners Coverage Form) is filed alongside it most often, in 93 of the same filings (99%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Sep 2026, excluding withdrawn and rejected filings.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

• Chubb Limited GroupUses BP 17 03 in 1 filing
• Tokio Marine Holdings Incorporated GroupUses BP 17 03 in 2 filings

• BP 00 03Businessowners Coverage Form93 filings
• BP 04 16Additional Insured – Lessor Of Leased Equipment93 filings
• BP 04 48Additional Insured – Designated Person Or Organization93 filings
• BP 04 02Additional Insured – Managers Or Lessors Of Premises92 filings
• BP 04 06Additional Insured – Controlling Interest92 filings
• BP 04 09Additional Insured – Mortgagee, Assignee Or Receiver92 filings
• BP 04 10Additional Insured – Owners Or Other Interests From Whom Land Has Been Leased92 filings
• BP 04 11Additional Insured – Co–Owner Of Insured Premises91 filings
• BP 04 30Protective Safeguards91 filings
• BP 14 05Additional Insured – Grantor Of Franchise91 filings