What it does
IH 00 95 is filed by carriers as the Railroad Rolling Stock Coverage Form, 03 22 edition. 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
Railroads, railcar leasing companies and industrial shippers that own or lease their own railcars, which a property building and contents form does not address.
Quoting and selling notes
Ask for the number and type of cars, values, lease obligations, territory and commodities. Liability for railcars is a separate exposure.
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.
