Many changes and revisions have been made to the ISO Businessowners Program to incorporate and complement the numerous property, liability, and crime revisions that recently have been made in the commercial lines area. These revisions carry a distribution date of August 1996, as effective dates are not established by ISO in this state. This change applies to all policies effective on or after August 1, 1996. To coverage C Personal property under Special Limits of Liability, items 10 and 11, and property not covered item 3.b., restrictions and exclusions. New language makes it clear that only the specifically named electrical apparatus in each of the exclusion or limitation paragraphs is affected, not other electrical apparatus.
Pollution clean up for the operation of building laws is excluded.
Earth Movement deletes the reference to glass. Power Failure contains editorial revisions. These are only highlights of some of the changes made. A careful review of the entire Vermont Homeowners and Mobilehome Program should be made to fully understand the changes. These changes apply to all policies written on or after September 1, 1996.