IM 7025 Additional Coverages Endorsement

An American Association of Insurance Services (AAIS) standard form. It adds supplemental contractors' equipment coverages, up to scheduled limits, for recharging fire extinguishing equipment, rewards for arson, theft or vandalism convictions or return of stolen equipment, claim preparation expenses and expediting expenses.

1. 01 25 edition

   Jan 2025, compared with 01 12Latest edition

   • The reward coverage now pays an eligible person for information leading to the arrest and conviction of someone committing arson, theft or vandalism, or for returning stolen equipment, instead of only for information leading to recovery of stolen property.

     01 12

     “pay a reward for information that leads to the recovery of covered property that was stolen”

     01 25

     “caused by arson, theft, or vandalism”

   • New claim preparation expense coverage pays for appraisals and accountant, contractor or engineer services you incur at the insurer's request to determine a covered loss, excluding public adjuster and legal fees.

     01 12

     Not in this edition

     01 25

     “expenses for claim preparation expenses incurred by "you" at "our" request”

   • New expediting expense coverage pays reasonable extra costs, such as overtime, transportation and equipment rental, to complete repairs after a covered loss.

     01 12

     Not in this edition

     01 25

     “"we" pay for reasonable expediting expenses necessary to complete”

3 other edition dates appear in one or two filings each, often carrier-specific versions: 02 12, 04 04, 08 99.

• Edition in use: in the past 12 months, 9 companies filed the 01 25 edition.
• IM 70 22 (Contractors' Equipment Loaned to Others - Scheduled Contractors) is filed alongside it most often, in 83 of the same filings (97%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Sep 2026, excluding withdrawn and rejected filings.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.

• IM 70 22Contractors' Equipment Loaned to Others - Scheduled Contractors83 filings
• IM 70 23Contractors' Equipment Loaned to Others - Jobsite Coverage83 filings
• IM 70 24Trailers and Spare Parts Endorsement83 filings
• IM 70 32Equipment Schedule - Income Coverage - Contractors' Equipment83 filings
• IM 70 33Agreed Amount Schedule - Contractors' Equipment83 filings
• IM 70 38Continuing Rental or Lease Payments83 filings
• IM 70 18Percentage Deductible Endorsement82 filings
• IM 70 21Split Deductible Endorsement82 filings
• IM 70 26Agreed Amount Endorsement82 filings
• IM 70 37Equipment Borrowed From Others82 filings