What it does
IH 00 77 insures radio and television towers and equipment. Carriers file it as the Radio and Television Towers and Equipment Coverage Form with a 03 22 edition, and the ISO forms index lists matching declarations (IH DS 77). ISO's Mortgageholders (IH 99 14) and Theft From Unattended Vehicle (IH 99 23) endorsements list this form. ISO publishes this form in its IH series of commercial inland marine forms. IH forms are used within the Commercial Inland Marine Coverage Part, together with the Commercial Inland Marine Conditions (CM 00 01) and the Common Policy Conditions.
Who needs it
Broadcasters and tower owners or lessors, including companies that lease tower space to wireless carriers, whose towers are not well suited to a commercial property building form.
Quoting and selling notes
Ask for tower height, type (guyed or self-supporting), age, engineering inspections, ice and wind zone, equipment values in shelters, and lease obligations to tenants. Collapse and ice loading are key underwriting concerns.
Before presenting it
ISO's IH forms are often adopted with carrier changes, and their wording differs from the filed CM forms. Obtain the carrier's specimen and walk the insured through covered property, property not covered, the exclusions, valuation, the deductible and any coinsurance or reporting condition, and match the limits to a current schedule of values.
