ISO Commercial CAP

ISO Verisk US commercial auto program.

Definition

ISO Commercial CAP covers Business Auto Coverage Form (BACF, CA 00 01), Garage Coverage Form (CA 00 05), Truckers Coverage Form (CA 00 12), Motor Carrier Coverage Form (CA 00 20). Includes classification tables (Specified Car, Composite Rate, Cost of Hire), territories, increased limits factors. Adopted by 80%+ US commercial auto carriers.

Origin

Insurance Services Office Inc., Commercial Auto Manual published 1980s, annual updates via ISO Circulars.

Usage

US commercial auto carriers underwriting (Progressive Commercial, Liberty Mutual, Travelers, Berkshire Hathaway).

Related terms

• Verisk — parent ISO.
• ISO Personal Auto — pendant personal lines.
• ISO ERC — rating content électronique.