What is causes of loss special form

Causes of loss forms establish and define the causes of loss (or perils) for which coverage is provided. The special causes of loss form (CP 10 30) provides what is referred to as all risks coverage: coverage for loss from any cause except those that are specifically excluded.

What is special causes of loss?

The basic and broad causes of loss forms are named perils forms; they provide coverage for loss from only the particular causes that are listed in the policy as covered. The special causes of loss form is an all risks form; it provides coverage for loss from any cause except those that are specifically excluded.

Which cause of loss form provides the most coverage?

The most expansive form of insurance coverage is Special Form. In policies that use the special form type of coverage, instead of the perils covered being listed, the EXCLUSIONS are listed. In other words, unless the policy states a peril isn't included, it's included and your potential loss is covered.

Which of the following perils are covered in the causes of loss basic form?

Basic form covers these 11 perils or causes of loss: Fire or Lightning, Smoke, Windstorm or Hail, Explosion, Riot or Civil Commotion, Aircraft (striking the property), Vehicles (striking the property), Glass Breakage, Vandalism ɪmp; Malicious Mischief, Theft, and Volcanic Eruption.

Which catastrophic peril or perils are excluded in the ISO causes of loss special form?

In ISO's "Cause of Loss - Special Form" (CP 10 30), for instance, "Earth Movement" is an excluded peril but "War and Military Action" is an excluded hazard. Insureds can purchase earthquake coverage; but even difference in condition (DIC) forms exclude war, leaving the insured no reasonable recourse.