Coverage description
An American Association of Insurance Services (AAIS) standard form. It adds coverage under the Contractors' Equipment Coverage for direct physical loss to tools you use in contracting, installation, erection, repair or moving work, subject to a per tool limit, an overall tools limit and a tools deductible.
How the form has changed
The 10 99 and 01 12 editions change the schedule wording and the form date. The coverage wording is the same.
Editions
Edition dates as filed, newest first. Filing counts include every state submission that lists the edition.
| Edition | Filings | Companies | States | Filed |
|---|---|---|---|---|
| 01 12Jan 2012Latest | 35 | 18 | 24 | Jan 2022 to Mar 2026 |
| 10 99Oct 1999 | 18 | 4 | 10 | Feb 2023 to May 2024 |
2 other edition dates appear in one or two filings each, often carrier-specific versions: 06 04, 01 90.
What the filings show
- Edition in use: in the past 12 months, 1 company filed the 01 12 edition.
- IM 70 22 (Property Loaned To Others - Scheduled Contractors) is filed alongside it most often, in 54 of the same filings (96%).
Filed under
Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Mar 2026, excluding withdrawn and rejected filings. One filing can cover several affiliated companies.
Carriers filing this form
The 10 carrier groups with the most filings that include IM 7034, out of 16 in total.
| Carrier | Filings | States | Editions, most filed first | Last filed |
|---|---|---|---|---|
| American Association of Insurance ServicesAdvisory Organization | 18 | 18 | 01 12 | Oct 17, 2024 |
| Hannover GroupHDI Global Insurance Company | 9 | 9 | 10 99 | May 15, 2024 |
| Markel Corporation Group2 group companies filed it, led by State National Insurance Company, Inc. and Alterra America Insurance Company | 8 | 7 | 10 99 | Oct 5, 2023 |
| Hastings Mutual Insurance Company | 6 | 5 | 01 12 | Mar 13, 2025 |
| American International Group3 group companies filed it, led by Granite State Insurance Company and Illinois National Insurance Co. | 3 | 2 | 01 1206 04 | Jun 23, 2022 |
| Acuity, A Mutual Insurance Company | 2 | 2 | 01 90 | Oct 23, 2023 |
| ACP Insurance Mgmt LLC GroupAccelerant National Insurance Company | 1 | 1 | 01 12 | Jul 30, 2024 |
| Amtrust Financial Services Group3 group companies filed it, led by CorePointe Insurance Company and Milford Casualty Insurance Company | 1 | 1 | 01 12 | Jan 25, 2022 |
| Arch Insurance GroupArch Insurance Company | 1 | 1 | 01 12 | Oct 15, 2025 |
| Grange Mutual CAS Group3 group companies filed it, led by Grange Indemnity Insurance Company and Grange Insurance Company | 1 | 1 | 01 12 | Jun 4, 2024 |
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States
Number of filings that include IM 7034 in each state, Oct 2021 to Mar 2026. Darker states have more filings.
Often filed with
Standard-style form numbers that appear in the same filings most often.
- IM 70 22Property Loaned To Others - Scheduled Contractors54 filings
- IM 70 23Property Loaned To Others - Jobsite Coverage54 filings
- IM 70 14Rental Reimbursement Endorsement53 filings
- IM 70 15Small Tools Endorsement53 filings
- IM 70 18Percentage Deductible Endorsement53 filings
- IM 70 00Contractors' Equipment Coverage52 filings
- IM 70 05Schedule Of Coverages - Contractors' Equipment52 filings
- IM 70 06Schedule Of Coverages - Contractors' Equipment - Scheduled Equipment Form52 filings
- IM 70 07Schedule Of Coverages - Contractors' Equipment - Blanket Equipment Form52 filings
- IM 70 08Schedule Of Coverages - Contractors' Equipment - Small Tools Floater52 filings
Recent filings
Latest filings that include this form number. Filed copies open in FilingFocus.
| Submitted | Company | State | Editions | Tracking number |
|---|---|---|---|---|
| Mar 25, 2026 | Point Specialty Insurance Company | CA | 01 12 | SEPX-134881081 |
| Oct 16, 2025 | American Alternative Insurance Corporation | CA | 01 12 | PERR-134705251 |
| Oct 15, 2025 | Arch Insurance Company | NM | 01 12 | AICO-G134705898 |
| Mar 13, 2025 | Hastings Mutual Insurance Company | IL | 01 12 | HAST-134353131 |
| Oct 17, 2024 | American Association of Insurance Services | ID | 01 12 | AMAX-134287113 |
| Sep 9, 2024 | American Association of Insurance Services | NY | 01 12 | AMAX-134217212 |
| Jul 30, 2024 | Accelerant National Insurance Company | CA | 01 12 | MRTN-133804207 |
| Jul 17, 2024 | American Association of Insurance Services | NH | 01 12 | AMAX-134165319 |
| Jul 17, 2024 | American Association of Insurance Services | UT | 01 12 | AMAX-134169395 |
| Jul 12, 2024 | American Association of Insurance Services | ND | 01 12 | AMAX-134175833 |
| Jul 10, 2024 | American Association of Insurance Services | MS | 01 12 | AMAX-134155839 |
| Jul 10, 2024 | American Association of Insurance Services | OH | 01 12 | AMAX-134159438 |
Most filed AAIS IM forms
- IM 7871 Exclusions Cyber Losses
- IM 7000 Contractors' Equipment Coverage
- IM 7020 Replacement Cost Endorsement
- IM 7030 Equipment Schedule - Contractors' Equipment
- IM 7003 Contractors' Equipment Coverage - Small Tools Floater
- IM 7026 Agreed Amount Endorsement
- IM 7013 Equipment Leased or Rented To Others Endorsement
- IM 7014 Rental Reimbursement Endorsement
- IM 7005 Schedule Of Coverages - Contractors' Equipment
- IM 7008 Schedule Of Coverages - Contractors' Equipment - Small Tools Floater
- IM 7018 Percentage Deductible Endorsement
- IM 7022 Property Loaned To Others - Scheduled Contractors
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