CP 03 20 Multiple Deductible Form

An Insurance Services Office (ISO) standard form. It lets you set different fixed dollar deductibles by premises, building and covered cause of loss, and applies the largest applicable deductible when one occurrence damages more than one building location.

1. 05 27 edition

   May 2027, compared with 04 18Latest edition

   • The causes of loss for each deductible are now described in the schedule instead of being chosen from six preset categories.

     04 18

     “All Covered Causes of Loss except Windstorm Or Hail and Theft”

     05 27

     Removed

   • The endorsement no longer carves out only windstorm or hail percentage deductibles. It now does not apply to causes of loss handled by the multiple percentage and fixed dollar or multiple deductibles by location endorsements.

     04 18

     “Windstorm Or Hail Percentage Deductible”

     05 27

     “Multiple Percentage And Fixed Dollar Amount Deductibles”

   • The carve-out for earthquake and flood now extends to any added cause of loss that has its own deductible provision.

     04 18

     “This policy does not cover Earthquake or Flood unless such causes of loss are added to the policy”

     05 27

     “adding a Covered Cause(s) of Loss that contains a separate deductible provision”

2. 04 18 edition

   Apr 2018, compared with 10 92

   • The endorsement now also does not apply to flood deductibles, in addition to earthquake, when those causes of loss are added to the policy.

     10 92

     Not in this edition

     04 18

     “the terms of this endorsement do not apply to Earthquake or Flood”

1 other edition date appears in one or two filings each, often carrier-specific versions: 10 90.

Where filings record what this form replaced, they name earlier edition 10 92. Only some filings record replacements.

• Edition in use: in the past 12 months, 5 companies filed the 04 18 edition and 2 companies filed 05 27.
• CP 03 29 (Deductibles by Location) is filed alongside it most often, in 97 of the same filings (86%).

Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Aug 2026, excluding withdrawn and rejected filings.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

• Berkshire Hathaway GroupFiles its own version: CP 117 Multiple deductible form (1 state)
• Travelers GroupUses CP 03 20 in 2 filings

• CP 03 29Deductibles by Location97 filings
• CP 10 30Causes of Loss - Special Form81 filings
• CP 10 38Discharge From Sewer, Drain or Sump (Not Flood- Related)78 filings
• CP 12 11Burglary and Robbery Protective Safeguards77 filings
• CP 03 21Windstorm Or Hail Percentage Deductible76 filings
• CP 15 45Utility Services - Time Element76 filings
• CP 15 31Ordinance or Law - Increased Period of Restoration75 filings
• CP 00 10Building and Personal Property Coverage Form71 filings
• CP 00 30Business Income (and Extra Expense) Coverage Form70 filings
• CP 04 11Protective Safeguards69 filings