Have you ever had an insured who wanted to buy business interruption coverage on a vehicle or mobile equipment operated away from the insured's premises? If you did not have access to an insurer with a proprietary form for this purpose, you might have lost the account.

Insurance Services Office, Inc. (ISO) has introduced endorsements for adding business income and extra expense coverages to a commercial auto coverage part, a commercial property coverage part, or a businessowners policy.

• For a commercial auto coverage part, use endorsement CA 99 05, Business Interruption Coverage ("CA endorsement").

• For a commercial property coverage part, use endorsement CP 15 06, Off-Premises Interruption of Business—Vehicles and Mobile Equipment ("CP endorsement"). This endorsement can be attached to a commercial property coverage part only if it includes business income and/or extra expense coverage for the described premises with the Causes of Loss—Special Form.

• For a businessowners policy, use endorsement BP 10 80, Off-Premises Interruption of Business—Vehicles and Mobile Equipment ("BP endorsement").

Scheduled Property

Each endorsement limits coverage to "scheduled property," consisting of any vehicles or mobile equipment listed in the endorsement's schedule. Each item must be listed under either Option A or Option B:

• Option A is used if the insured is listing one or more items of scheduled property with a separate limit of insurance for each item (such as three trucks, each with its own limit).

• Option B is used to list two or more items covered for a single limit of insurance that applies to all loss to any or all of the listed items damaged in a single occurrence.

Option B is often the better choice for a business insuring multiple vehicles. If, for example, only one vehicle is damaged or destroyed, the insured will not need to worry that a per-vehicle limit (as under Option A) is insufficient to cover the vehicle's full value.