Policy Form Number Decoding

>> Sunday, June 05, 2011

It dawned on me that the un-initiated in insurance traditions don't know the rhyme or reason to insurance policy form numbers.

A policy form listed as "CG0001 1001" means that it is a commercial general liability form - CG - the form number is 0001 and the edit date is 10/2001.

Here are some of the prefix codes most commonly used by insurers in the ISO (Insurance Service Office) system of policy forms.

HO Homeowners
BOP Business Owners
PP Private Passenger Auto
CP Commercial Property
CA Commercial Auto
DP Dwelling Property
CG Commercial General Liability
IM Inland Marine
DP Dwelling Property
CU Commercial Umbrella
CR Crime

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Scott Simmonds fixes broken insurance, uncertain coverage, and painful premiums. He consults on, but never sells, insurance.

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