Business Personal Property as Defined in BOP

July 5, 2010

I have a client that has several mounted trophy animals in his office. They are trophies from elk hunts in Colorado. They have been displayed in his office for a number of years. He is insured on an ISO Businessowners policy.

The question has come up as to whether the mounts are considered business personal property or personal property to be covered under the insured's homeowners policy?

Pennsylvania SubscriberI

The mounted elk trophies would not qualify as business personal property as defined in the ISO BOP. The policy requires that business personal property be used in the insured's business, which is not the case with the elk trophies. The ISO form does provide up to $2,500 for personal effects, which should cover the trophies.