Businessowners Policy Coverage Guide, 7th Edition

The Businessowners Policy Coverage Guide is an authoritative but quick reference for coverage questions on complex BOP policies helping insurance professionals better understand the coverages available in the small-to-medium-size business market. This title enables you to:

• Decide when the form may be used—and why it may be the best choice
• Follow clear examples from real life situations to gain direct insight into important topics
• Instantly access a full copy of the form for easy reference

Our respected author, Dr. George E. Krauss, CPCU, CLU, is an expert witness in insurance litigation, a business consultant for insurance organizations, and an insurance trainer. In the Businessowners Policy Coverage Guide, he delivers proven, practical guidance that you can apply immediately.

New in the 7th Edition:

As of April 1, 2020, ISO began implementing a new Micro-Businessowners Program, designed for small businesses that do not require a businessowners policy but also do not fit within a homeowners policy.

This edition has been completely updated to reflect the new program, featuring:

• The new Micro-Businessowners Program forms,
• Detailed explanations of the new endorsements related to the program,
• Eligibility requirements of this new program and which businesses are suited for coverage,
• Detailed explanations and examples of how each coverage applies to certain situations,
• And more!

Topics Covered:

• Eligibility
• Covered property
• Coverage extensions
• Limits of insurance, deductibles, and special coverage form limitations
• Conditions
• Property definitions
• Business liability coverage
• Form endorsements to address exposures created by emerging technologies, privacy issues and terrorism concerns
• Endorsements to cover unmanned aircraft, cyber liability, green upgrades, off-premises business income for business vehicles and revisions brought about by the extension of the Terrorism Risk Insurance Act
• American Association of Insurance Services (AAIS) Businessowners program and the differences between AAIS and ISO
• And More! See the “Table of Contents” section for a full list of topics