Coverage description
An Insurance Services Office (ISO) standard form. It sets how actual cash value is calculated in California for open policies: repair or replacement cost less a fair deduction for physical depreciation, or the limit of insurance, whichever is less.
How the form has changed
1 change across 1 revision, newest first. Each edition is compared with the one before it, using wording from filed copies.
02 20 edition
Feb 2020, compared with 05 05Latest editionFor a total loss to a building, actual cash value is no longer capped at the fair market value. Partial and total building losses now use the same repair cost less depreciation method.
05 05
“The fair market value of the building or structure.”
02 20
“In the event of a partial or total loss to a building or structure”
Editions
Edition dates as filed, newest first. Filing counts include every state submission that lists the edition.
| Edition | Filings | Companies | States | Filed |
|---|---|---|---|---|
| 02 20Feb 2020Latest | 62 | 46 | 1 | Nov 2021 to Oct 2026 |
| 05 05May 2005 | 3 | 2 | 1 | Feb 2024 to Jan 2026 |
2 other edition dates appear in one or two filings each, often carrier-specific versions: (07.01.2025), (09/28/2026).
What the filings show
- Edition in use: in the past 12 months, 2 companies filed the 02 20 edition and 1 company filed 05 05.
- IL 02 70 (California Changes - Cancellation and Nonrenewal) is filed alongside it most often, in 58 of the same filings (87%).
Filed under
Data from admitted P&C filings with state insurance departments, submitted Oct 2021 to Oct 2026, excluding withdrawn and rejected filings.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 IL 01 02, out of 26 in total.
| Carrier | Filings | States | Editions, most filed first | Last filed |
|---|---|---|---|---|
| Tokio Marine Holdings Incorporated Group6 group companies filed it, led by Philadelphia Indemnity Insurance Company and TNUS Insurance Company | 11 | 2 | 02 20(07.01.2025)(09/28/2026) | Sep 28, 2026 |
| Amtrust Financial Services Group9 group companies filed it, led by CorePointe Insurance Company and Milford Casualty Insurance Company | 9 | 1 | 02 20 | Apr 10, 2025 |
| ACP Insurance Mgmt LLC GroupAccelerant National Insurance Company | 6 | 1 | 02 20 | Mar 21, 2025 |
| Church Mutual GroupChurch Mutual Insurance Company, S.I. | 3 | 1 | 02 20 | Dec 22, 2022 |
| Guideone Insurance GroupGuideOne Mutual Insurance Company | 3 | 1 | 02 20 | May 15, 2025 |
| Nationwide Corporation Group3 group companies filed it, led by Allied Insurance Company of America and Nationwide Agribusiness Insurance Company | 3 | 1 | 02 20 | Jan 19, 2022 |
| Sentry Insurance Group3 group companies filed it, led by Middlesex Insurance Company and Sentry Insurance a Mutual Company | 3 | 1 | 02 20 | Aug 26, 2024 |
| WR Berkley Corporation GroupIntrepid Casualty Company | 3 | 1 | 02 20 | Dec 30, 2022 |
| AU Holding Company GroupPennsylvania Insurance Company | 2 | 1 | 02 20 | Feb 29, 2024 |
| Ally Insurance Holdings GroupMotors Insurance Corporation | 2 | 1 | 05 05 | Feb 27, 2024 |
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States
Number of filings that include IL 01 02 in each state, Oct 2021 to Oct 2026. Darker states have more filings.
Often filed with
Standard-style form numbers that appear in the same filings most often.
- IL 02 70California Changes - Cancellation and Nonrenewal58 filings
- IL 01 04California Changes55 filings
- IL 00 17Common Policy Conditions46 filings
- IL 09 35Exclusion of Certain Computer- Related Losses41 filings
- IL 09 52Cap on Losses From Certified Acts of Terrorism41 filings
- IL 12 01Policy Changes39 filings
- IL 00 03Calculation of Premium38 filings
- IL 09 85Disclosure Pursuant to Terrorism Risk Insurance Act38 filings
- IL 09 53Exclusion of Certified Acts of Terrorism37 filings
- CP 04 46California - Ordinance or Law Coverage26 filings
Recent filings
Latest filings that include this form number. Filed copies open in FilingFocus.
| Submitted | Company | State | Editions | Tracking number |
|---|---|---|---|---|
| Oct 22, 2026 | The Guarantee Company of North America USA | CA | 02 20 | SPRO-G135017985 |
| Sep 28, 2026 | Avemco Insurance Company | IL | (09/28/2026) | HCCH-135105343 |
| Feb 20, 2026 | U.S. Specialty Insurance Company | CA | 02 20 | HCCH-134836602 |
| Jan 13, 2026 | Next Insurance US Company | CA | 05 05 | NXUS-134766937 |
| Jun 23, 2025 | Arch Insurance Company | CA | 02 20 | AICO-G134578131 |
| May 15, 2025 | GuideOne Mutual Insurance Company | CA | 02 20 | GDEA-134517010 |
| Apr 17, 2025 | Avemco Insurance Company | IL | (07.01.2025) | HCCH-134499637 |
| Apr 10, 2025 | CorePointe Insurance Companyand 2 more | CA | 02 20 | UNKP-134492205 |
| Mar 21, 2025 | Accelerant National Insurance Company | CA | 02 20 | SPRO-G134354982 |
| Dec 24, 2024 | Explorer Insurance Companyand 2 more | CA | 02 20 | ICWG-134359558 |
| Nov 19, 2024 | Transverse Insurance Company | CA | 02 20 | MRTN-134139763 |
| Nov 5, 2024 | CorePointe Insurance Companyand 2 more | CA | 02 20 | UNKP-134179994 |
Most filed ISO IL forms
- IL 00 17 Common Policy Conditions
- IL 12 01 Policy Changes
- IL 00 21 Nuclear Energy Liability Exclusion Endorsement (Broad Form)
- IL DS 00 Common Policy Declarations
- IL 09 85 Disclosure Pursuant to Terrorism Risk Insurance Act
- IL 00 03 Calculation of Premium
- IL 09 52 Cap On Losses From Certified Acts Of Terrorism
- IL 09 53 Exclusion of Certified Acts of Terrorism
- IL 09 98 Disclosure of Premium Through End of Year For Certified Acts of Terrorism Coverage (Pursuant to Terrorism Risk Insurance Act)
- IL 09 35 Exclusion of Certain Computer-Related Losses
- IL 09 99 Disclosure of Premium and Estimated Premium for Certified Acts of Terrorism Coverage (Pursuant to Terrorism Risk Insurance Act)
- IL 09 17 Resident Agent Countersignature Endorsement
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