Coverages | Agribusiness | Agribusiness Insurance General Summary

Basic Form

Provides protection for the following:

• Fire or Lightning
• Windstorm or Hail
• Explosion
• Riot or Civil Commotion
• Aircraft
• Vehicles
• Smoke
• Vandalism
• Theft
• Sinkhole Collapse
• Volcanic Action
• Collision - Coverages E & F Only
• Earthquake Loss to Livestock
• Flood Loss to Livestock

Broad Form

Provides Basic Coverage plus the following:

• Electrocution of Covered Livestock
• Accidental Shooting of Covered Livestock
• Loading / Unloading Accidents
• Sudden and Accidental Tearing Apart
• Freezing of Plumbing, Heating, Air Conditioning or Automatic Fire Protective System or of a Household Appliance
• Weight of Ice, Snow or Sleet Accidental Discharge or Leakage of Water or Steam
• Sudden and Accidental Damage from Artificially Generated Electrical Current
• Attacks on Covered Livestock by Dogs or Wild Animals
• Drowning of Covered Livestock from External Causes
• Falling Objects
• Accidental Discharge or Leakage of Water or Steam
• Sudden and Accidental Damage from Artificially Generated Electrical Current
• Sudden and Accidental Tearing Apart
• Freezing of Plumbing, Heating, Air Conditioning or Automatic Fire Protective System or of a Household Appliance

Special Form

Risk of direct physical loss unless the loss is excluded in the policy.

Liability Coverage

Our policy can be tailored to provide the protection you need resulting from injury or property damage covered by this policy.

• Farm Comprehensive Personal Liability (FCPL) and/or Comprehensive General Liability (CGL)
• Products Liability
• Personal and Advertising Injury
• Care, Custody, and Control
• Custom Farming Receipts - $2,000 Included - May Be Increased
• Premises/Operations Liability
• Medical Payment for $5,000
• Fire Legal Liability for $50,000
• Chemical Drift for $25,000 - May Be Increased to $100,000

Automobile

• Liability
• UM/UIM
• Non-Owned and Hired
• No-Fault (where applicable)
• Physical Damage
• Medical Payments
• Drive Other Car
• Lay-Up Program for Farm Trucks One Ton and Over

Recreational Vehicles

• Watercraft
• Four-Wheelers
• Snowmobiles
• Golf Carts

Excess Liability

Broad protection over farmer’s comprehensive personal, commercial operations, and automobile liability.

Coverage A - Farm Dwelling

• Farm dwellings and attached structures
• Trees, shrubs, plants and lawns within 500’ of the main dwelling
• Automatic inflation included
• Extended replacement cost on dwelling available by endorsement

Coverage B - Appurtenant Private Structures

• Farm dwellings and attached structures
• Trees, shrubs, plants and lawns within 500’ of the main dwelling
• Automatic inflation included
• Extended replacement cost on dwelling available by endorsement

Coverage C - Household Personal Property

• Covered anywhere in the world
• Special limitations apply – may be increased

Coverage D - Additional Living Expenses

• Coverage for necessary increase in living expenses if a covered cause of loss renders your home uninhabitable

Coverage E - Scheduled Farm Personal Property

This coverage allows you to choose those items you want specifically insured. A specific amount of insurance and selected coverage form is assigned to each item to be insured.

• Additional machinery, vehicles and equipment newly purchased are automatically covered for $75,000 for 30 days
• Replacement machinery, vehicles and equipment newly purchased are automatically covered for an additional $50,000 for 30 days
• Farm property away from premises:
  • 25% of miscellaneous equipment
  • 10% of other types of property with no mileage limitation
• Property in the custody of common or contract carrier is covered for $2,000– may be increased
• Miscellaneous equipment is covered for $2,500 on any one item
• Borrowed or rented farm machinery, vehicles and equipment are covered up to $25,000 –be increased to $75,000

Coverage F - Unscheduled (Blanket) Farm Personal Property

This coverage allows you to have a total value taken from a detailed inventory of your farm personal property. A coinsurance clause applies and the total value must be insured within 80% of total inventory.

• Farm personal property covered at or away from insured location
• Livestock:
  • $1,000 for any horse, mule or head of cattle under one year of age at time of loss
  • $5,000 for any head of livestock not included in the above
• Property in the custody of common or contract carrier is covered for $1,000 with option to increase
• Farm products in the open are covered for 10% of the farm personal property limit shown in the declarations for fire, lightening, windstorm, hail, vandalism, vehicle, and theft Grain in piles, shocks, stocks or swaths
• Hay, straw and fodder in stacks with a $25,000 limit per stack and a 100’ clear space between stacks
• Fire and lightning coverage only for unharvested barley, corn, oats, rye, wheat, and other grains, flax, soybeans, and sunflowers
• Combine, cotton picker, irrigation equipment, and ATV’s must be listed separately and covered under coverage E

Coverage G - Other Farm Structures

• Farm buildings and structures other than dwellings
• Farm buildings newly constructed are automatically covered for $60,000 for 60 days from first date of delivery
• Private power and light poles
• Unattached outdoor radio and TV equipment, antennas and towers
• Fences, corrals, chutes, pens and feed racks

Additional Coverages Included

• Farm extra expense – $1,000 – may be increased
• Restoration of farm operation records up to $2,000
• Pollutant cleanup and removal for $10,000 by a covered cause of loss - may be increased to $100,000
• Loss of farming income
• With Special Form coverage on farm personal property (Executive Combine Plus policy only)
  • Rental reimbursement on combines/cotton pickers - $500 per day with a $5,000 limit
  • Contact during towing/hitching
  • Contact with the roadbed or ground
  • Foreign objects taken into any farm machinery or mechanical harvester

Policy Types

The farm package offers two policies, Combine Plus and Executive Combine Plus, to help tailor the policy to meet the specific needs for any farm operation.

Farm Property Coverage - Special Limits	Combine Plus	Executive Combine Plus
Money, Bank Notes, Gold, Goldware	$400	$1,000
Securities, Accounts, Deeds, Letters of Credit	$1,500	$2,500
Watercraft, Including Equipment and Furnishings	$1,000	$2,000
Theft of Jewelry, Furs, Watches and Precious Stones	$1,500	$10,000
Theft of Silverware, Goldware	$2,500	$10,000
Theft of Firearms	$2,000	$6,000
Business Property on Premises	$2,500	$3,000
Business Property off Premises	$250	$500
Trailers, not used with Watercraft or in Farming Operation	$1,000	$3,000
Water Damage from Sewer Backup	N/A	Unlimited
Refrigerated Products (not farm)	$600	$1,000