May 12, 2015

ISO Form

Summary: The Insurance Services Office (ISO) offers the Contractors Equipment Coverage Form, IH 00 68 12 13, that is part of its inland marine (IM) program for nonfiled commercial IM exposures. The form covers contractors' machinery and tools.

Topics covered: Coverage Property not covered Covered causes of loss Additional coverages Exclusions Limits of insurance and deductible Additional conditions Definitions Declarations page

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

Covered Property, as used in this Coverage Form, means the following property described in the Declarations:

a.Your contractor's equipment; and

b.Similar property of others in your care, custody or control.

Analysis

The ISO Inland Marine Handbook lists several types of contractors equipment, which may be the subject of this coverage. Some examples include cranes, tractors with dumpers, and shovels used by roadbuilding contractors; road pavers, milling machines, and rollers used by paving-grading contractors; backhoes, trenchers, and welding equipment used by land clearer and sewer contractors; log loaders and chainsaws used by logging contractors; scaffolds, forms, and power tools of building contractors; and compressors, small hand tools, and portable generators used by small contractors.

Two categories of property are covered: the insured's equipment and similar property of others in the insured's care, custody, or control. Each piece of equipment is scheduled with a separate limit of insurance shown, but blanket coverage is available for miscellaneous items via endorsement IH 68 02 07 99.

Property Not Covered