What it does
Covers personal property on an open-perils basis subject to listed exclusions, settled at actual cash value unless the schedule shows replacement cost.
Who needs it
Insureds who want personal property coverage tied to the auto policy.
Quoting and selling notes
- Business property and tools usually belong on an inland marine form.
How PAP endorsements attach
PAP endorsements modify PP 00 01 and are listed on the declarations (PP DS 01). In the 2018 revision ISO also made editorial changes across the multistate endorsements, including a statement that schedule information not shown on the endorsement will be shown in the declarations, so check the declarations page for limits, vehicles and named persons.
Editions and availability
Current edition 09 18. State adoption varies; many states use state-specific versions of the PAP endorsements.
