Summary: The Theatrical Property Coverage form (CM 00 29 03 10) is used to cover scenery, costumes, theatrical properties, and similar property belonging to others in the insured's care, custody, or control that are intended to be used or that have been used in a production stated in the policy declarations. Like the other coverage forms in the Insurance Services Office (ISO) commercial inland marine program, the form is combined with a declarations page, common policy conditions, inland marine general conditions, and any appropriate coverage form(s) to make a comprehensive policy. This article discusses CM 00 29, with its coverage agreement, exclusions, and conditions. Coverage is subject to a declared per occurrence deductible. A coinsurance provision applies to all property except property in transit. This article provides information on the 2010 edition of the form.

Topics covered: Coverage Property not covered Covered causes of loss Additional coverage—collapse Exclusions Limits of insurance Deductible Additional conditions

Coverage

A. Coverage

We will pay for direct physical loss of or damage to Covered Property from any of the Covered Causes of Loss.

1. Covered Property, as used in this Coverage Form, means:

a. Your scenery, costumes and theatrical properties; and

b. Similar property of others in your care, custody or control or on which you have made partial payments;

that are intended to be used or have been used in a production stated in the Declarations.

Analysis

The insurer agrees to pay for direct physical loss of or damage to covered property. Covered property is defined as the named insured's scenery, costumes, and theatrical properties, as well as similar property of others in the insured's care or on which the named insured has made partial payment. All these items are personal property used for theatrical productions or plays. Coverage may be written on a specific production or on a blanket production basis (for example, the entire season of productions for a community theater group).

Property Not Covered