PEAK SEASON LIMIT OF INSURANCE
increases the scheduled business personal property limit of insurance to a higher limit in order to cover predictable inventory increases for specified time periods. This endorsement is recommended in place of a property reporting form when inventory is relatively constant, except for a few known peak periods. The peak time period selected should anticipate and include early deliveries and unsold inventory. Note that businessowners policies (BOPs) include automatic coverage for seasonal or abnormal inventory increases as long as the business personal property scheduled limit equals at least 100% of the average monthly values.