Agripak Farm and Ranch Policy
The Agripak Farm and Ranch Policy offers one of the industry's broadest and most comprehensive products available to the modern day horse farm owner at a competitive price. Coverage can be custom designed to meet the specific needs of your operation from a small acreage pleasure farm to a multiple location commercial farm. Following are some of the Agripak highlights.
- Eligibility - Individuals, partnerships, corporations, limited liability corporation (LLC), owner or tenant operator.
- Format - Multi-line policy able to include dwelling, personal property, farm property, farm personal property, liability, auto, care, custody or control, watercraft and umbrella in one policy.
- Deductibles - $500 to $25,000
- Fire Department Service - No limit, no deductible
- Debris Removal - 25% of paid loss
- Pollution Clean-up - $15,000 if covered cause of loss
Coverage A - Dwelling
- Replacement Cost included when insured to 80% or more of replacement cost value. To 125% of limit available for charge, subject to underwriting requirements.
- Inflation Guard included at 5%
- Satellite Dish/Antenna included at $250 excess of deductible
Coverage B - Appurtenant Private Structures
- Limit 10% of dwelling limit for detached garages, swimming pools, etc. Higher limits available for charge.
Coverage C - Household Personal Property
- Limit 50% of dwelling limit. Higher limits available.
- Property off premises - larger of 10% or $3,000 worldwide
- Special Limits - $2,500 for unlicensed trailers, watercraft, gravemarkers, $2,500 theft of jewelry or furs, $3,000 theft of guns, $500 money, gold, platinum, silver, $2,500 business property on premises, 10% off premises, No limit on goldware, silverware
- Replacement Cost for nominal charge, Coverage C limit automatically increased to 70% of dwelling limit
- Refrigerated Products - $500 for refrigerated household contents. No deductible
- Credit Card - $2,000 for theft
Coverage D - Loss of Use - Rental Value
- Limit 20% of dwelling limit
Coverage E&F - Farm Personal Property
- Borrowed Farm Machinery - $50,000 for up to 30 days
- Personal Property of Others - $2,500
- Replacement Cost - Available for office contents and tack
- Transportation - $2,000 included
- Farm Records - $2,000 for restoration. No deductible
- Extra Expense - $2,000 included. No deductible
- Livestock - Up to $3,000 per animal available
- Peak Season - Available for seasonal fluctuations
Coverage G - Other Farm Structures
- Replacement Cost applies when insured to 80% of Replacement Cost. If not insured to 80%, Actual Cash Value applies.
- New Construction - Automatic $125,000 coverage for 60 days
- Loss of Income available for covered perils.
- Blanket Coverage available for farm buildings other than dwellings.
