The ISO Capital Assets Program is an output policy that helps you provide superior coverage and flexible pricing for medium-sized to large manufacturing, industrial, habitational, commercial, retail, wholesale, service, contractors, and institutional risks.
We've designed the program—which includes policy forms, endorsements, rules, and advisory loss costs—to meet the requirements of today's customer.
With your Capital Assets Program participation, you'll also receive the Capital Assets Premium Calculator software to help you rate accounts that you quote under the program. The software lets you document your pricing rationale. It also allows multiple users to store account information. Home office staff can perform quality reviews on each account's documentation and pricing.
Our program provides blanket replacement-cost coverage, without a coinsurance provision, for buildings and business personal property. The program also includes options to value property at actual cash value, agreed value or, for buildings, functional replacement cost. And it includes built-in coverages commonly offered as add-on options in the underwriting marketplace.
You can write the ISO Capital Assets Program as a monoline policy—or package it with other Verisk products, such as general liability, commercial automobile, and boiler and machinery.
The ISO Capital Assets Program basic form includes all the following key coverages:
The program also provides automatic-increase coverage for building and business personal property. And the program includes optional endorsements to add or exclude coverage and to amend the limits of insurance.