1. Forms
2. CR
3. CR-00-09

What the Form Is

Insurance Services Office (ISO) Crime Coverage Form H, designated as CR 00 09, is the "Premises Theft and Robbery Outside Premises Coverage Form: Property Other Than Money and Securities." This form provides commercial crime insurance for direct physical loss of or damage to covered property, specifically "property other than money and securities." It offers two primary insuring agreements:

• Inside the Premises - Theft: Covers loss of covered property from theft committed inside the "premises." This is broader than just burglary as "theft" encompasses any act of stealing.
• Outside the Premises - Robbery of a Messenger: Covers loss of covered property from actual or attempted robbery while outside the "premises" and in the care and custody of a "messenger."

This form essentially combines and broadens aspects of coverage typically found in Form E (Premises Burglary - for inside losses, but Form H covers theft which is broader) and Form D (Robbery and Safe Burglary - for outside losses of a messenger, similar to Form H's outside coverage). It must be used in conjunction with a Crime General Provisions form (such as CR 10 00), which contains common conditions and definitions applicable to the coverage.

Classes of Business It Applies To

Coverage Form H is suitable for a wide range of commercial insureds who have an exposure to loss of tangible property (other than money and securities) due to theft on their premises or robbery while property is being handled by a messenger off-premises. Examples include:

• Retail Operations: Businesses holding merchandise on-site that could be stolen, or those that transport high-value goods (not money/securities) via messengers.
• Service Businesses: Companies with valuable tools, equipment, or client property on their premises or transported by employees.
• Offices: Businesses with office equipment, computers, or other tangible assets susceptible to theft. For instance, ISO Crime Coverage Plan 5 (Office Burglary and Robbery) mandates the use of Form H.
• Wholesalers and Distributors: Entities that store and transport goods.

Essentially, any business that wants to protect its physical assets (excluding money and securities) from both internal and external theft on-premises, and from robbery when these assets are legitimately outside the premises with a messenger, would find this form relevant.

Special Considerations

• Exclusion of Money and Securities: This is a critical point. This form explicitly covers "property other than money and securities." Separate coverage forms are needed for money and securities exposures (e.g., Form C - Theft, Disappearance and Destruction).
• Definition of "Theft": For inside premises coverage, "theft" is a broad term meaning any act of stealing. This includes burglary (unlawful entry with felonious intent) and robbery (forcible taking).
• Definition of "Robbery" (Outside): For outside premises coverage, "robbery" typically means the unlawful taking of property from a "messenger" or an armored motor vehicle company by violence, threat of violence, or other overt felonious act committed in their presence and of which they were actually cognizant.
• "Messenger" Definition: The policy will define who qualifies as a "messenger" (usually the insured, a partner, an officer, or an employee duly authorized to have care and custody of insured property outside the premises).
• Discovery Period: Losses must typically be discovered during the policy period or within a specified extended reporting period after policy termination (often one year, though specific policy terms should be checked).
• General Provisions: The terms, conditions, exclusions, and definitions in the accompanying Crime General Provisions form significantly impact the coverage provided by Form H.

Key Information for Agents and Underwriters

• Risk Assessment: Thoroughly evaluate the insured's exposure to theft of property (other than money and securities) both on and off premises. Consider the type, value, and portability of the property.
• Security Measures: Assess the adequacy of physical security at the premises (e.g., alarms, locks, surveillance, access control) and procedures for handling property by messengers (e.g., routes, communication, number of personnel).
• Limit Selection: Assist the insured in selecting appropriate limits of insurance for both inside theft and outside robbery exposures. These may be subject to separate limits.
• Coverage Gaps: Ensure the client understands that money and securities are not covered. Address potential gaps by recommending other appropriate crime coverages if these exposures exist.
• Alternative to Form D & E: Form H can be an alternative to writing separate Form D (Robbery and Safe Burglary - Property Other Than Money and Securities) and Form E (Premises Burglary) policies. Form H provides broader "theft" coverage inside than Form E's "burglary" coverage.
• Underwriting Guidelines: Consider the insured's loss history, moral hazard, industry, location, and the nature of the property. Higher-risk operations may require more stringent underwriting or specific endorsements.
• Documentation: Emphasize the importance of maintaining accurate inventories and records to substantiate a loss.