What it does
CR 04 06 covers "other property" inside the premises against two named perils: robbery of a watchperson and burglary. It sits between the base robbery/safe burglary agreement and the broader CR 04 05 theft agreement, giving underwriters a middle option for premises that are closed at night.
Who needs it
Warehouses, contractors' yards, and businesses with stock or equipment kept on premises after hours, especially where a watchperson is employed.
How it fits the policy
Optional insuring agreements like this one are not part of the base forms. When attached, the agreement and its limit and deductible are shown in the declarations under the insuring agreements added by endorsement, and the agreement is subject to the base form's general exclusions and conditions, including the discovery or loss sustained trigger of the form it is attached to. ISO's forms index lists the current edition for 52 jurisdictions.
Quoting and selling notes
- Ask whether a watchperson is on duty and what alarm or guard service is used.
- Burglary requires forcible entry evidence under typical definitions; CR 35 10 can impose a forcible entry requirement on other agreements.
- Compare with the property policy's theft coverage to avoid paying twice.
