Covered Property under Businessowners Form
June 2, 2015
My question is specific to the Businessowners form, BP 00 10 97. Under covered property, the form states, “Buildings, meaning the buildings and structures at the premises described in the Declarations.” This is different than the Building and Personal Property Coverage Form, CP 00 10, which says, “Building, meaning the building or structure described in the Declarations.” The BOP says there is coverage for buildings at the described locations, whereas the CP says “buildings described.” It would suggest that you would have one building limit that covers all buildings at the described premises.
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