COMPARE: ISO BP 00 03 07 13 TO MSO BU 04 01 01 10

(August 2019)

This comparison outlines and highlights the similarities and differences between the Insurance Services Office (ISO) Businessowners Coverage Form and the Mutual Services Office (MSO) Businessowners Policy.

Related Articles:

BP 00 03–Businessowners Coverage Form Analysis

MSO Businessowners Policies Analysis

Note: This comparison follows the ISO Businessowners Coverage Form format and the MSO Expanded Coverage.

COMPARE: ISO BP 00 03 07 13 TO MSO BU 04 01 01 19–Expanded Coverage
Section	ISO BP 00 03 01 13	MSO BU 04 01 01 19
Introduction	Explains provisions that reduce coverage, rights, duties, and what is and is not covered. Defines "you," "your," "we," "us," and "our." Refers to special words and phrases in definitions.	Similar. You, your, yourself and we/us/our have similar definitions in the Common Glossary–Parts I and II. This section also includes other defined terms.
Section I–Property Coverage
Buildings	Buildings Additions Fixtures Permanent Machinery and Equipment Landlord personal property in apartments, etc. Owned personal property for main and service Building material, if not covered elsewhere	Same Same Same Same Provided in Part I B–Supplemental Coverages Provided in Part I B–Supplemental Coverages Covered as excess if there is other insurance
Business Personal Property	Personal property can be up to 100 feet from the described premises Personal property must be owned and used in business Personal property of others in insured’s care, custody, and control Improvements and betterments Leased Property insured is contractually required to insure Tenant’s exterior building glass	Provided in Part I B–Supplemental Coverages Same Same but excess over other coverage available and no coverage unless insured is responsible. Property of customers is limited to the limit on the declarations. Same Not a separate item but could be covered as property in care, custody, and control Same

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Property Not Covered
Aircraft and motor vehicles subject to registration	Excluded	Same but coverage for nonregistered motor vehicles is under Part I B–Supplemental Coverages Drones specifically not covered
Money and securities	Excluded	Same
Contraband and property illegally transported or traded	Excluded	Same but described in common exclusions instead of property not covered
Land, water, growing crops and lawns	Excluded except for vegetated roofs	Same but in two different exclusions No vegetated roofs exception
Outdoor fences, antennas, signs, trees, shrubs, and plants	Excluded except for vegetated roofs	Trees, shrubs, plants, signs, and satellite dishes are excluded. Antennas and fences are not listed. No vegetated roofs exception
Watercraft and their equipment	Excluded	Same
Accounts, bills, food stamps, other evidences of debt, accounts receivable, and valuable papers and records	Excluded	Same. Also excludes gold, silver, and other precious metals
Computers in aircraft and motor vehicles subject to registration other than stock	Excluded	No corresponding provision
Electronic data other than stock of prepackaged software	Excluded except for that integrated within the building’s HVAC, elevator or security systems.	Other than stock of prepackaged software, all electronic data is excluded except as for a low limit provided Part I B–Supplemental Coverages
Animals, except as stock inside buildings	Excluded	Same except the stock is not required to be inside the building. The term used is Creatures instead of animals.
Property not described in this policy	No corresponding provision	Excluded
Property covered as business personal property but more specifically covered under other contracts	No corresponding provision	Excluded
Earthworks, exaction, grading and fillings costs, walks, driveways, etc.	No corresponding provision	Excluded
Retaining walls not part of a building. Piers, pilings, wharves, docks	No corresponding provision	Excluded

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Foundations below ground, underground piles, flues, and drains	No corresponding provision	Excluded
Covered Causes of Loss	Direct physical loss unless excluded or limited	Direct and physical fortuitous loss unless excluded or limited
Limitations
Steam boilers, pipes, engines and turbines damage from explosions are excluded. Gas or fuel explosion in furnaces, flues, and passageways is covered.	Covered	Same
Hot water boilers and other water heaters caused by conditions inside them	Covered	Same
Missing property	Excluded except for optional coverage for money and securities	Same
Property transferred based on unauthorized instructions	Excluded	Same
Damage inside buildings caused by rain, snow, sleet, ice, sand, or dust	Excluded with exception for building damage that permits these objects to enter	No requirement that the building first be damaged
Animals	Excluded except if caused by specified causes of loss or breakage of building glass	No corresponding provision. This means that creatures that are covered because they are stock are covered for the same perils as other stock.
Fragile articles except building glass, containers of property for sale, and photographic or scientific instrument lenses	Excluded except if caused by specified causes of loss or breakage of building glass	Same
Loss or damage by theft to furs, fur garments, watches, and jewelry over $100 each, precious stones, bullion, gold, silver, platinum, patterns, dies, molds, and forms	$2,500 sub-limit but can be increased	Same except sub-limit is $3,000 and minimum value is $100. Both can be changed. Patterns, dies, molds, and forms are not subject to this restriction.
Vegetated Roofs	Perils for damage to lawns, trees, plants or shrubs are limited	Coverage under the Tree, Shrubs and Plants Supplement
Additional Coverages
Debris removal	25% of the amount of physical loss plus $25,000 if needed Does not cover costs to remove tree debris,	Same percentage with limit of $10,000 but both percentage and limit can be changed Does not cover costs to remove tree debris.

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Preservation of property at other premises	Covered for 30 days	Same. Referred to as Emergency Removal
Fire department service charge	$2,500 limit per premises limit regardless of number responding departments	Same limit no such stated limitation
Collapse	Limited coverage for both buildings and personal property	Similar. Does not mention properties in imminent danger of collapse.
Water damage, other liquids, powder, or molten material damage	Covers costs to tear out and replace part of the structure to repair leaking systems or appliances	Same. Also includes cost to repair the specific item that failed but not any other part of that repair.
Business income	Covers actual loss sustained for up to 12 months during the restoration period. 72-hour waiting period.	Similar. No waiting period. Can change to a specific dollar limit
Extra Expense	Covers expenses to avoid or reduce the time of any suspension of operations	Similar
Pollutant cleanup and removal	$10,000 limit per location and annual aggregate	Same
Civil authority	Business income coverage begins 72 hours after the order at a location one mile or less away and lasts four weeks	Same except there is no waiting period and coverage period is 14 consecutive days. No restriction on distance except the location must be local.
Money orders and counterfeit money	$1,000 limit for loss that results from accepting money orders not paid when presented and counterfeit money	Same. Limit is $2,500. It can be increased. Includes electronic and cryptocurrency. Fraudulent credit/debit transactions.
Forgery or alteration	$2,500 limit subject to conditions	Same with similar conditions. Limit can be increased.
Increased cost of construction	$10,000 limit per building or structure subject to conditions	Building Code or Law Coverage also covers the value to the undamaged part of the building the must be demolished and the costs to do so. Limit is 10 times building limit. This factor can be increased.
Business income from dependent properties	$5,000 limit subject to numerous conditions and includes secondary dependent properties but no wastewater removal services	Same but no mention of secondary properties or wastewater removal services
Glass expenses	Covers costs to repair or replace glass frames, board up openings, and remove obstructions to repair glass	No corresponding provision
Fire extinguisher systems recharge expense	$5,000 limit	Same
Electronic data	$10,000 limit per occurrence and annual aggregate	Same but must be owned by named insured.
Interruption of computer operations–Business Income	$10,000 limit per occurrence and annual aggregate, subject to numerous conditions	Same except collapse is not a covered cause of interruption.
Limited coverage for fungi, wet rot, or dry rot	$15,000 limit per occurrence and annual aggregate, subject to numerous conditions	No corresponding provisions

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Consequent Loss Coverage (Spoilage)	No corresponding provision	$1,000 limit if utility services failure causes spoilage. $500 limit if mechanical breakdown causes spoilage.
Fraudulent Transfer of Funds	No corresponding provision	$5,000 limit for financial loss due fraudulent fund transfers.
Lock Replacement	No corresponding provision	$1,000 limit for door lock replacement or other mechanisms due to loss or theft of keys or key cards.
Coverage Extensions
Newly acquired or constructed buildings	$250,000 limit for up to 30 days after construction begins or the date acquired	Limit is 25% of the highest valued building for up to 45 days
Business personal property at newly acquired or constructed locations	$100,000 limit for up to 30 days after the date acquired or construction begins	Limit is 25% of the highest valued personal property for up to 45 days
Business Income at newly acquired locations	No corresponding provision	Equal to the sum of newly acquired limits for Coverages A and B for up to 45 days
Personal property off premises	$10,000 limit at non-owned locations or while in transit	$10,000 limit
Outdoor property	$2,500 limit except $1,000 limit on any one tree, shrub, or plant for limited causes of loss	Similar but $500 on any one tree, shrub, or plant. Satellites and signs have the same perils as Coverage A.
Personal effects	$2,500 limit, excluding tools used in the business and loss or damage by theft	$3,000 limit without the limitations. It does not apply if other insurance is available.
Valuable papers and records	$10,000 limit at described premises/$5,000 at other locations	Same limit at described premises. No limit for other locations
Accounts receivable	$10,000 limit at described premises/$5,000 at other locations	Same limit at described premises. No limit for other locations. Includes cryptocurrency.
Business Personal Property in Portable Storage Units	$10,000 for business personal property kept in an on-premises portable storage unit. Maximum time period is 90 days.	No corresponding provision
Building property–off premises	No corresponding provision	$5,000 limit and includes property in rental storage units
Exclusions
Ordinance or law	Excluded	Same
Earth movement	Excluded	Similar but addressed in property exclusions and common exclusions
Governmental authority	Excluded	Similar but addressed in common exclusions
Nuclear hazard	Excluded	Similar but addressed in common exclusions
Utility services	Excluded	Similar. Does not have exception for electronic data
War and military action	Excluded	Similar
Water	Excluded	Similar but covers ensuing theft
Certain computer-related losses	Excluded	No corresponding exclusion
Fungi, wet rot, or dry rot	Excluded	Similar. Part of a larger exclusion that applies to multiple causes of loss
Virus or bacteria	Excluded	Similar. Part of a larger exclusion that applies to multiple causes of loss
Additional Exclusions
Electrical apparatus	Excluded	Similar. Computer hardware, components and equipment specifically not covered.

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Consequential losses	Excluded	Similar
Smoke, vapor, gas	Excluded	Same
Steam apparatus	Excluded	Similar
Frozen plumbing	Excluded	Similar
Dishonesty	Excluded but employee dishonesty can be covered as optional coverage	Similar but covers employee dishonesty under Part I B–Supplemental Coverages
False pretense	Excluded	Similar
Exposed property	Excluded	Same
Collapse	Excluded except for coverage Additional Coverage–Collapse provides	Different approach. Similar result.
Pollution	Excluded	Similar
Neglect	Excluded	Similar
Wear and tear	Excluded	Similar
Rust, other corrosion, decay, deterioration, hidden or latent defect	Excluded	Similar
Smog	Excluded	Same
Nesting, infestation, or discharge of waste products by insects, birds, rodents or other animals	Excluded. If it results in a specified cause of loss or breakage of building glass, coverage applies to the resulting loss or damage.	Excludes birds, domestic animals, insects, raccoons, rodents, or vermin. Not limited to only nesting, infestation, or discharge. No exceptions.
Mechanical breakdown	Excluded. Does not apply to computer breakdown	Similar but no exception
Damage to personal property by humidity, temperatures, marring or scratching	Excluded	Similar but in two different exclusions
Errors or omission	Excluded	No corresponding exclusion
Installation, testing, repair	Excluded	No corresponding exclusion
Electrical disturbance	Excluded	No corresponding exclusion
Continuous or repeated seepage or leakage of water	Excluded	Similar. Does not state the duration of the seepage in order to be excluded
Intentional loss	No corresponding provision	No coverage except for reasonable force to protect property or persons
Weather conditions	Excluded. If it results in a covered cause of loss, coverage applies to the loss or damage it causes.	Same
Acts or decisions	Excluded. If it results in a covered cause of loss, coverage applies to the damage it causes.	No corresponding exclusion
Negligent work	Excluded. If it results in a covered cause of loss, coverage applies to the damage it causes.	Similar
Computer virus or computer hacking	No corresponding exclusion	Excluded

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Settling, cracking, shrinking, bulging, or expanding	Excluded as part of the collapse coverage form	Excluded
Additional Exclusion
Loss or damage to products	Excluded	No corresponding exclusion
Business Income And Extra Expense Exclusions
Delay in resuming operations due to strikers or other persons	Excluded	Same
Suspension, lapse, or cancellation of licenses, leases, or contracts	Excluded with exceptions	Same
Any other consequential loss	Excluded	No corresponding exclusion
Software	No corresponding exclusion	Limited to 30 days coverage for damaged software
Accounts Receivable Exclusions
Altering, falsifying, concealing, or destroying to conceal wrongful acts	Excluded	No corresponding exclusion but excluded under intentional acts exclusion
Bookkeeping, accounting, or billing errors or omissions	Excluded	Same
Losses that require audits or inventories to prove they occurred	Excluded	Same
Limits Of Insurance
Per occurrence	The limit of insurance on the declarations	Similar statement on the declarations
Outdoor signs attached to buildings	$1,000 per sign	Does not refer to signs attached to the building. Exterior signs are covered up to $2,500.

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Additional amounts of insurance	Applies to all Coverage Extensions, Fire Department Service Charge, Pollutant Cleanup and Removal, Increased Cost of Construction, Business Income From Dependent Properties, Electronic Data, and Interruption of Computer Operations	Applies to Accounts Receivable, Automatic Increase, Building Code/Law Coverage, Consequent Loss Coverage (Spoilage), Credit Card/Forgery/Counterfeit Money Coverage, Debris Removal, Electronic Data Coverage, Emergency Removal Coverages, Employee Dishonesty Coverage, Fire Expense Coverages, Loss of Income–Dependent Property, Loss of Income from Interruption of Computer Operations, Newly Acquired Property Coverages, Outdoor Signs and Satellite Dish Coverage, Pollution Clean Up Cost Coverage, and Valuable Papers and Records
Building limit–automatic increase	8% or the percentage on the declarations	2% or the percentage on declarations
Business personal property limit–seasonal increase	25% or another percentage on the declarations if the business personal property limit is 100% of average annual amount	10% increase. The increase is 30% when the business personal property limit is 100% of average annual amount.
Deductibles
Payment per occurrence	The amount of loss that exceeds this deductible amount on the declarations	Same
Optional coverages	The four optional coverages are subject to deductibles other than the policy deductible	The coverages are not comparable.
No deductible	Fire Department Service Charge, Extra Expense, and Fire Extinguisher Systems Recharge Expense Business Income and Civil Authority have a 72-hour waiting period.	Many Supplemental Coverages have lower deductibles. There is no waiting period.
Property Loss Conditions
Abandonment	Property cannot be abandoned to the insurance company	Similar
Appraisal	If valuation is disputed, an appraisal must be requested in writing. Each party selects an appraiser. They then select an umpire. Disagreements are submitted to the umpire. There are no time limitations on making the selections.	Similar. Appraisers must be selected within 30 days and the umpire within 15 days.
Duties in the event of loss or damage	Notify the police if a crime causes the loss.	Same
	Promptly notify the insurance company and describe the affected property.	Same
	Describe how, when, and where the loss or damage occurred.	Similar

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Duties in the event of loss or damage cont.	Protect property. The insurance company covers expenses to do so.	Same
	Inventory and quantify damaged and undamaged property.	Same
	Make damaged and undamaged property available for examination and allow samples to be taken. Produce records and allow the company to make copies as and when requested.	Same
	Submit a detailed written proof of loss within 60 days after the insurance company requests it.	Same
	Cooperate with the insurance company’s investigation and settlement.	Same
	Resume all or part of operations promptly.	Same
	Submit to the insurance company’s examination under oath as required.	Same
Legal action against us	All policy terms must be met, and suit brought not later than two years after the date of loss.	This information is on the state mandatory endorsement.
Loss payment	The company’s options are to pay the value of damaged property, the cost to repair or replace it, the cost to repair or rebuild with similar property, or to take the property at the agreed value.	Same
	The company states its intentions within 30 days of receiving the proof of loss.	Same
	The company pays only the named insured’s financial interest in the property.	Same plus the mortgagee’s financial interest
	The company pays the lesser of the limit of insurance, the cost to replace on the same site with similar material for the same purpose, or the amount actually spent to repair or replace if the limit was at least 80% of the full replacement value of the property at the time of loss.	Same but does not have the 80% requirement.
	If the limit does not meet the criteria above, the company pays the lesser of the limit of insurance, the property’s actual cash value, or the proportion equal to the ratio of the limit to 80% of the cost to repair or replace.	Same. However, the declarations must state that the valuation is actual cash value.
	The named insured may settle on an actual cash value basis and claim replacement cost within 180 days afterwards.	Same

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Loss payment cont.	Losses are not paid on a replacement cost basis until the property is repaired or replaced and unless it is done as soon as reasonably possible.	Same. However, it pays on a replacement cost basis if the value of the loss is less than the limit on the declarations.
	Costs to rebuild, repair, or replace do not include increased costs due to enforcing ordinances or laws.	Same
	Actual cash value applies to used or second-hand merchandise, property of others (unless contractually obligated otherwise), household contents, manuscripts, and a variety of art, antiques, and rare articles.	No corresponding provision
	Glass is valued at the cost to replace it with safety glazing material if required by law	Same
	Tenant’s improvements are valued at the replacement cost or the remaining value based on a portion of the original cost and the remaining term of a lease.	Same but valuation is Actual Cash Value or Replacement Cost based on entries on the declarations.
	Under Optional Coverages, money is valued based on its face value and securities on their value at the close of business the day the loss is discovered.	Same
	Accounts receivable amounts that cannot be accurately established at the time of loss are determined by a formula.	No corresponding provision
	Payment for loss or damage to property of others is only for the account of its owners.	Similar
	The insurance company has the option to defend the named insured against suits by owners of property and does so at its own expense.	Same but defense costs are part of the limits.
	The company pays within 30 days after it receives the proof of loss, the named insured complies with all terms, and the amount of loss is agreed to or determined by an appraisal award.	Same
	Party walls are walls that separate and are common to adjoining buildings that different parties own. Loss adjustment that involves them is explained.	No corresponding provision
Recovered property	Explains what both parties must do if property paid for in a settlement is subsequently recovered	Similar
Resumption of operations	Business income and extra expense losses are reduced as operations can be resumed somewhat or completely.	Similar

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Vacancy	Property vacant over 60 days is not covered for loss due to vandalism, breakage of building glass, water damage, theft, attempted theft, or sprinkler leakage if the system was not protected against freezing. Loss payments for all other covered losses are reduced 15%.	Coverage is suspended once the building is vacant or unoccupied more than 60 days. This means all coverage ends until the building becomes occupied.
Property General Conditions
Control of property	Coverage is not affected by acts or neglect of any person that the named insured does not control or direct.	No corresponding provision
Mortgageholders	Standard mortgageholders provisions apply	Same
No benefit to bailee	Insurance does not benefit any party that has custody of the property.	Same
Policy period, coverage territory	The period is on the declarations. The territory is the United States of America, its territories and possessions, Puerto Rico, and Canada.	Same
Loss to parts	No corresponding provision	Covers the value of only the lost part, not the loss of value to the entire item
Pair or set	No corresponding provision	Valued at the loss of value to the entire pair or set, not just the value of the lost part
Increase in hazard	No corresponding provision	Coverage is suspended if any of the following occur: The premises’ use changes The change requires a rate increase Underwriting mandated conditions change The risk’s physical conditions change Protective safeguards change Circumstances that affect the risk’s acceptability change
Optional Coverages
Outdoor signs	Covers all outdoor signs at the described premises for purchased limits	Covered under Part I B–Supplemental Coverages for at $2,500 limit. The limit can be increased.

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Money and securities	Covers money and securities Covers inside a bank or owned premises Outside coverage applies anywhere and is not restricted Limit is on the declarations	Standard coverage–Coverage D Same Same Limit is $5,000 on premises and $3,000 off premises. These limits can be increased.
Employee dishonesty	Available	Covered under Part I B–Supplemental Coverage. The $5,000 limit can be increased.
Equipment breakdown protection coverage	Covers mechanical breakdown or electrical failure to pressure, mechanical, or electrical machinery or equipment.	Provides Spoilage coverage due to mechanical breakdown for a $500 limit under Part I B–Supplemental Coverages. No other optional coverage provided.
Outdoor (Exterior Building Glass Coverage)	Covered as part of the standard policy. Additional coverage not needed.	Optional coverage under Coverage A or Coverage B.
Property Definitions	Located at the end of Property Coverage	Located in Common Glossary–Parts I and II at the end of the policy
Computer	Programmable electronic equipment and associated peripheral equipment that stores, retrieves, and processes data. It does not include the kind used to operate production equipment and machinery.	Not a defined term
Counterfeit money	Imitation of real money intended to deceive and to be taken as genuine	Not a defined term
Electronic data	Information, facts, or computer programs used with computer software that is used with electronically controlled equipment	Not a defined term
Fungi	Any type of fungus, mold, mildew, or their by-products	Applies to both Parts I and II. Similar but also includes rot, decay organisms, and rust. Chemicals, mist, compounds, or vapor of fungi, its by-products, or its waste are also fungi. This definition does not include fungi intended for consumption.
Manager	A director of a limited liability company	Not a defined term
Member	An owner of a limited liability company to the extent of its membership interest. Members may be managers	Not a defined term
Money	Currency, coins, and bank notes with a face value in current use and travelers checks, register checks, and money orders available for sale to the public	Similar. It also includes bearer bonds, bullion, lottery tickets, money orders, prepaid phone cards, registered checks, and stored value cards.
Operations	Business activities at described premises	Not a defined term
Period of restoration	The time needed to resume normal business activities beginning 72 hours after direct loss	Defined in Coverage C. There is no 72-hour waiting period.

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Pollutants	Standard ISO definition	Similar. Applies to Part I and Part II.
Securities	Instruments that represent money but are not	Similar
Specified causes of loss	Fire, lightning, explosion, windstorm, hail, smoke, aircraft, vehicles, riot, civil commotion, vandalism, leakage from fire extinguishing devices, sinkhole collapse, volcanic action, falling objects, weight of snow, ice, or sleet, and water damage	Not a defined term
Stock	Merchandise held for sale, raw materials, goods in process, and finished products. Also includes packing or shipping supplies	Not a defined term
Valuable papers and records	Documents, manuscripts, and records	Defined in Part I B–Supplemental Coverages. Same definition but also includes electronic or magnetic media.
Rot and Decay Organisms	Not a defined term	Living organisms that assist property to decompose
Actual Cash Value	Not a defined term	Listed items used to determine Actual Cash Value
Automatic Sprinkler System	Not a defined term	The system, its parts, and other items the system supplies
Burglary	Not a defined term	Taking items from inside the premises. Requires evidence of breaking in or out.
Collapse	Not a defined term but the exclusion describes it	Similar
Computer hacking	Not a defined term	Unauthorized intrusion into and/or disruption of a computer, web site, or computer network
Computer virus	Not a defined term	An undesirable and destructive electronic code introduced into a computer or system intended to result in damage
Dependent property	Similar but defined in Additional Coverages–Business Income From Dependent Properties	Contributing, recipient, leader, and manufacturing locations that others operate on which the insured depends
Insured	Not a defined term for property. Defined under Liability And Medical Expenses Definitions	The entity or person on the declarations
First Named Insured	No corresponding provision	The insured first listed on Declarations
Fracking	No corresponding provision	Process of drilling and injecting various items into shale in order to release natural gas and oil.
Unmanned Aerial Vehicle	No corresponding provision	Commonly called a drone. Aerial vehicle not carrying human and controlled remotely.
Section II–Liability Coverages
Business Liability	Covers bodily injury, property damage, or personal and advertising injury. Includes insurance company’s duty to defend suits that seek such damages	Similar. Does not include Personal Injury/Advertising Injury coverage. It is provided in Part II B–Supplemental Coverages.
Coverage Extension–Supplementary Payments	Covers payments the insurance company makes to investigate or defend claims. Does not reduce the limit of insurance	Same
Expenses the insurance company incurs	Covered	Same

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Costs of bail bonds	Covered up to $250	No corresponding provision
Cost of bonds to release attachments	Covered	Same
Reasonable expenses the insured incurs to investigate or defend a claim or suit	Covered. Includes insured's actual loss of earnings up to $250 per day	Same
Court costs taxed against insured in a suit	Covered but excludes attorney’s fees or expenses taxed against the insured	Same but no exception for attorney's fees
Prejudgment interest awarded against the insured on the part of the judgment the company pays	Covered	Same
Interest on the full amount of a judgment that accrues before it is entered, up to the limit	Covered	Same
Indemnitees of the insured named in a suit for defense coverage	Covered	No corresponding provision
Medical Expenses
The insurance company pays reasonable medical costs of others injured on the premises or because of operations. Must be incurred and reported within 1 year. Injured party must submit to examinations	Covered	Same but the time period is three years
Business Liability Coverage Exclusions
Expected or intended injury	Excluded	Similar. No exception for bodily injury to protect persons or property.
Contractual Liability	Excluded	Same
Liquor liability – for those in the business of selling, giving, manufacturing, etc., of alcoholic beverages	Excluded Negligent supervision and training is excluded. Negligent transportation of intoxicated person excluded Coverage when liquor brought on premises by another.	Same but not limited to those in the business
Workers compensation and similar laws	Excluded	Same
Employer's liability	Excluded	Same
Section	ISO BP 00 03 07 13	MSO BU 04 01 01 10
Pollution	Excluded	Similar. The only exception is for hostile fire at the premises.
Aircraft, auto, or watercraft	Excluded	Similar considering Part II B–Supplemental Coverages 6. Incidental Automobile Coverage and 10. Incidental Watercraft Coverage. The wording that states that supervision, hiring, etc., is not covered is not part of this exclusion.
Mobile equipment	Excluded	Similar
War	Excluded	Excluded under Common Exclusions
Professional services	Excluded and lists a number of service examples. Also excludes supervising professional services	Similar. Does not list specific professions or address supervising activities
Damage to property	Excludes property damage to certain types of property, subject to specific exceptions	Similar
Damage to your product	Excluded	Similar
Damage to your work	Excluded	Same
Damage to impaired property or property not physically injured	Excluded	Same
Recall of products, work or impaired property	Excluded	Same
Personal and advertising injury exclusions	Exclusions are part of the Liability Exclusions	Exclusions are part of Part II B–Supplemental Coverages 11. Personal Injury/Advertising Injury Coverages
	Excludes intentional violations of rights	Same
	Excludes publishing information known to be false	Same
	Excludes publishing first done prior to the policy period	Same
	Excludes contractual liability	Same
	Excludes most breaches of contract under Advertising Injury	Same
	Excludes guarantees of quality under Advertising Injury	Same
	Excludes incorrect pricing in advertising under Advertising Injury	Same
	Excludes all acts insureds in advertising, broadcasting, publishing, telecasting, web-site design, or Internet businesses commit	Same
	Excludes pollution	No corresponding exclusion
	Excludes any expenses to treat pollutants	Excluded in Liability Exclusions
	Excludes electronic chatrooms or bulletin boards the insured hosts, owns, or controls	Same and also social media and blockchain

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
	Excludes infringing on copyright, patent, trademark, trade secret, or other intellectual property rights except for certain types of advertisements	No corresponding exclusion
	Excludes unauthorized use of another’s name or product in the named insured’s e-mail address, domain name, or metatag to mislead potential customers of others	Same
	No corresponding exclusion	Injury to the named insured or its members or partners
Electronic Data	Excluded for property damage only	No corresponding exclusion
Criminal Acts	Excluded	Excluded in Common Exclusions
Recording or distributing information in violation of law	Excluded	Excluded in Common Exclusions
Employment-related exclusions	Requires attaching a separate endorsement	Excluded
Fungi and mold related	Requires attaching a separate endorsement	Excluded
Silica Exclusion	Requires attaching a separate endorsement	Excluded
Virus Contamination	Requires attaching a separate endorsement	Excluded
Confiscation or seizure under various types of regulations	No corresponding exclusion	Excluded in Common Exclusions
Earthquake	No corresponding exclusion	Excluded in Common Exclusions
Data Breach	No corresponding provision	Excluded
Data Aggression	No corresponding provision	Excluded
Medical Expenses Exclusions
	Excludes any insured except volunteer workers	Same but does not address volunteer workers because they are not defined as insureds
	Excludes persons hired to work for or on behalf of any insured or its tenant	Same
	Excludes persons injured on owned or rented premises that they normally occupy	Same
	Excludes injuries that workers compensation, disability benefits, or similar laws cover	Same
	Excludes injuries during physical exercises, games, sports, or athletic contests	Similar but applies to only athletic activities
	Excludes injuries included in the products-completed operations hazard	Same
	Excludes injury or damage excluded under Business Liability Coverage	Same

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
	No corresponding exclusion	Medical services provided by insured under Part II B–Supplemental Coverages 8. Incidental Medical/ Professional Liability
Nuclear Energy Liability Exclusion
Exclusion	Excluded	Same. Excluded in Common Exclusions
Nuclear energy liability exclusion definitions	Defined	Same. Defined in Common Exclusions
Who Is An Insured		Defined in Common Definitions
	Individuals	Same
	Partnerships or joint ventures	Same
	Limited liability companies	Same
	Other organizations	Same
	Trusts	No corresponding provision
	Volunteers and employees	Volunteers are not insureds
	Real estate managers	Same
	After the insured dies	Same. Common Conditions–Parts I and II 2. Assignment of Your Interest
	Persons or organizations not listed are not insureds	Same
Liability And Medical Expenses Limits Of Insurance
Limits on the declarations	The most paid and not affected by number of insureds, injuries, suits or claims	Same
Bodily injury, property damage, personal and advertising injury, and medical expenses limits	The most paid for the total of all damages in a single occurrence or that any one person or organization sustains in single offense. The most paid for medical expenses by one person is the medical expenses limit.	Similar. Personal injury/advertising injury is a separate limit.
Damage to premises rented to you	The most paid when caused by fire to rented premises. No default limit	Similar. The $50,000 default limit can be increased.
Aggregate limits	Products-completed operations hazard aggregate is two times the liability and medical expenses limit	Products-completed operations hazard aggregate is equal to the liability occurrence limit.
	General aggregate limit is two times the liability and medical expenses limit.	General aggregate limit must be entered on the declarations.
Application of the aggregate limit	Applies to 12-month period with exceptions	Same
Liability And Medical Expenses General Conditions
Bankruptcy	The insurance company's obligations are not affected by bankruptcy or insolvency of the insured or its estate	Same but does not refer to the insured's estate

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Duties in the event of occurrence, offense, claim, or suit
	Notify the insurance company	Similar
	Record and notify the company	Similar
	Cooperate with the company	Similar
	Do not make payments on the company’s behalf	Similar
Legal action against us	The insurance company is not a party to any suit. The insured can sue only within a designated time frame and after it meets conditions.	Similar
Separation of insureds	Coverage applies separately to each insured named in a claim or suit, but this does not affect the total policy limits.	Same
Liability And Medical Expenses Definitions
Advertisement	Defined	Not a defined term
Auto	Defined	Same
Bodily injury	Defined	Same but adds that an occurrence must cause it
Coverage territory	Defined	Similar but does not extend worldwide coverage for personal injury and advertising injury via the Internet
Employee	Defined	Same but states that independent contractors are not employees
Executive officer	Defined	Same
Hostile fire	Defined	Not a defined term
Impaired property	Defined	Same
Insured contract	Defined	Similar to Part II B–Supplemental Coverages 2. Contractual Coverage
Leased worker	Defined	Same
Loading or unloading	Defined	Same
Mobile equipment	Defined	Same
Occurrence	Defined	Similar
Personal and advertising injury	Defined	Similar but definition is in Part II B–Supplemental Coverages 11. Personal Injury/Advertising Injury Coverages
Pollutants	Defined	Similar. Applies to both Parts I and II.
Products-completed operations hazard	Defined	Similar but products on premises are covered unless endorsed to not cover them
Property damage	Defined	Same but an occurrence must cause it

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Suit	Defined	Similar but wording is in Part II B–Supplemental Coverages 1. Defense Coverage
Temporary worker	Defined	Same
Volunteer worker	Defined	Not a defined term
Your product	Defined	Similar but does not include real property
Your work	Defined	Same
Your premises	Not a defined term	Premises the named insured occupies, owns, or rents as well as premises the named insured abandoned, sold, or transferred
First Named Insured	No corresponding provision	The insured first listed on Declarations
Fracking	No corresponding provision	Process of drilling and injecting various items into shale in order to release natural gas and oil.
Unmanned Aerial Vehicle	No corresponding provision	Commonly called a drone. Aerial vehicle not carrying human and controlled remotely.
Data Breach	No corresponding provision	Various types of release or observation of confidential or privileged information
Electronic Aggression	No corresponding provision	Harassment in a variety of electronic methods
Section III–Common Policy Conditions (Applicable To Section I–Property And Section II–Liability)
Cancellation	By the named insured at any time Cancellation by named insured may be other than pro rata No required time stated to return premium Insurance company can cancel as follows: 5-day notice for vacant, damaged, or unsafe property 10-day notice for non-payment 30-day notice all other reasons	Return premium due to first named insured within 30 days. All cancellations are pro rata, but minimum premium earned may apply Cancellation by the insurance company refers to the state-specific amendatory endorsement
Changes	Must be made part of the coverage form	Same
Concealment, misrepresentation, or fraud	Voids coverage	Similar but the insurance company can void coverage only with respect to a specific insured instead of voiding the entire policy
Examination of your books and records	Required	Same
Inspections and surveys	Permitted	Same. Part II states that the renewal policy does not cover new entities or premises unless they were new within 60 days of the renewal date.
Insurance under two or more coverages	Does not pay more than the amount of loss or damage sustained	Same
Liberalization	Applies for changes during the policy period and 45 days prior to policy issuance	Same
Other insurance–Property	Excess if there is other insurance	Same if provisions are not identical to this policy. Proportional sharing if provisions are identical
Other Insured–Liability	Primary for liability except when first party coverage applies or when the insured has additional insured status on another policy.	Similar

Section	ISO BP 00 03 07 13	MSO BU 04 01 01 19
Premium audit	Permitted	Similar when combined with Common Conditions–Parts I and II 7. Examination / Changes
Transfer of rights of recovery against others to us	Property: Can waive before a loss occurs. Can waive after a loss occurs for tenants, another insured, a business the named insured owns or controls, or a business that owns or controls the named insured Liability: Waivers are not permitted.	Does not distinguish between property and liability. Matches the ISO property condition except for waivers after a loss with respect to tenants.
Transfer of your rights and duties under this policy	Not permitted	Same
Conformity with statute	No corresponding provision	Policy is amended to meet statutory requirements.