Deductible Application on the BOP

Our insured has an ISO special form BOP (BP 00 02 06 89) on a 20-building apartment complex. The policy has a $1,000 deductible. Recently, a severe windstorm damaged glass and roofs of several buildings. The total loss was $2,635.

The insurance carrier has settled the claim applying the deductible to each building that was damaged. They maintain that each building has a separate limit and premium, and therefore the deductible applies to each. All of these buildings are in the same location, and there is no mention of a per location deductible in the policy.

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