Schedules All-Risk Insurance for Farm Machinery and Livestock
Your mobile machinery is crucial to the operation of your farm. That’s why it’s important to protect your equipment from loss. Our Inland Marine policy covers Mobile Machinery listed on the Schedule of Farm Personal Property. We cover against all risks of direct physical loss or damage from any external cause except for listed exclusions.
We can also insure your livestock. Our farm clients commonly schedule their dairy cattle, sheep, calves, and horses on our Inland Marine form. We’ll list the livestock you want covered and help you determine its value. Coverage is All Risk subject to listed Exclusions in the policy.
It takes an insurance company that specializes in agriculture to provide you the right protection for your farm equipment and livestock. We can help you with coverage, valuation, and cost. Call us and one of our agents or staff members will assist you.
Inland Marine Insurance Coverages:
This is not a complete list of policy coverages. Consult the policy for all coverages, exclusions, and provisions.
Coverage A: Residence
Covers your residence including additions and built-in appliances.
Coverage B: Related Private Structures on the Premises
Coverage for structures on the insured premises that are not attached to your residence such as garages, storage sheds, fences, driveways, pools, and sidewalks. (Non-farm use only)
Coverage C: Personal Property
This is where your contents are covered. You may apply this coverage to personal property owned by you anywhere in the world, subject to possible limitations.
Coverage D: Additional Living Expense and Loss of Rent Coverage
Pays any necessary and reasonable increase in living expenses you may incur if all or a portion of you residence is unfit for occupancy because of an insured loss. Motels and transportation costs are examples of additional living expense. Also pays if you sustain loss of rents from a part of your residence rented to others.
Coverage L: Personal Liability
Covers you if someone is injured due to your negligence or an insured’s negligence. Personal Liability is worldwide coverage.
Coverage M: Medical Payments
If an incident occurs at your residence, this coverage will pay for incidental medical expenses up to the Medical Payment limit.