FP 00 13–FARM PROPERTY–FARM PERSONAL PROPERTY COVERAGE FORM ANALYSIS

(April 2020)

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This analysis is based on the 04 16 edition of these coverage forms. Changes from the 09 03 edition are in bold print.

INTRODUCTION

The entire form must be reviewed in order to understand how coverage applies. The term you in the form means named insured. If the named insured is married and they live together in a common household, the term you also includes the spouse. Us, we, and ours refer to the insurance company. The other definitions that apply to this coverage form can be found in FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverage, Conditions and Definitions.

SECTION I–COVERAGES

Coverage E– Scheduled Farm Personal Property

A. COVERAGE

The insurance company pays for direct damage or tangible loss to the following items while at the insured location that appears in the description of the item. The items may be at another location if expressly stated elsewhere in this policy. The damage must be the result of a cause of loss that qualifies for coverage under this policy.

1. Covered Property

The following types of property are eligible but are covered only when a limit is entered on declarations for it:

· While in buildings, structures, sacks, wagons or trucks, grain, seeds and beans that have already been threshed, silage and ground feed are covered property. Under the same circumstances, manufactured and blended feed for livestock is covered property.

· While in the open, in stacks, shocks, or piles, grain is covered but only for fire, lightning, vandalism, vehicle damage, and theft causes of loss.

· Hay, straw and fodder are covered but only while inside.

· Hay, straw and fodder that are outside in stacks, windrows, or bales are covered but only for fire, lightning, windstorm or hail, vandalism, vehicles and theft causes of loss.

Note: A stack must be located at least 100 feet away from other hay, straw, or fodder.

Example: A farm hand was on his way to continue work on a storage shed that was just built. He was carrying a plastic container of wood preservative. He stumbled on a pitchfork and fell. The container of preservative burst and contaminated a haystack. The hay must be destroyed, but this loss is not eligible for coverage.

Farm products and related materials for the farm operations. This does not include hay, grain, or growing crops.
Poultry in the open or in any building designated on the declarations for poultry. Regardless of the applicable cause of loss on the declarations, the only Covered Causes of Loss are those provided under either BASIC or BROAD.

Turkeys are covered ONLY if so stated. Turkeys are difficult to insure because they are very prone to loss from a number of sources.

Trays, boxes, and box shook (unassembled wood crates). These are commonly used for fruit and vegetable packaging. These are not itemized individually when a loss occurs, but the value is based on a proportional basis of the total number in the category.
Computers and related software that are part of the farming operations and used as part of the farm management process. Software is replaced for not more than the cost of prepackaged software or for blank media. No coverage applies to the labor required to create customized programs.
Miscellaneous equipment closely related to farm operations, including machinery, vehicles, tools, and supplies. The values of these items of equipment must be added together and listed as one item or amount. The following is a list of items not included in this category:
Threshing machines, tractors, combines, corn pickers, hay balers, harvesters, peanut diggers, potato diggers, potato pickers, cotton pickers, crop driers or equipment in sawmills
Automobiles, trucks, motorcycles, motorized bicycles and tricycles, dirt bikes, mopeds, snowmobiles, all-terrain vehicles, motor homes, house trailers. Vehicles intended for road use, but this does NOT apply to farm trailers or farm wagons.
Watercraft or aircraft. Any equipment, parts or tires for any of the items in this paragraph and the one above are also not included as miscellaneous equipment
Liquefied petroleum or manufactured gas or fuel and the containers which hold them
Permanent fixtures in or attached to any buildings
Bulk milk tanks when they are attached to a building or structure
Feed tanks and bins but only if attached to a buildings or other structure
Boilers, pasteurizers and barn cleaners
Brooders which are poultry houses and all equipment associated with raising poultry
Fences, windchargers, windmills or their towers
All outdoor radio or television equipment, antenna, towers, masts plus any type of related-wiring
Private power and light poles
Irrigation equipment
Buildings and structures that are portable
Household personal property and any property that would normally be found in a dwelling
Property that is more specifically insured under another coverage or coverage form in this or any other policy
Any borrowed or rented farm machinery, vehicle and equipment, regardless of the rental contract. It must be property normally related to farming operations, in the insured's care, custody or control and in which the insured has no interest as either an owner or lien holder. It is not covered while at the owner’s premises.

Borrowed farm machinery does not include any motorized vehicles such as automobiles, trucks, motorcycles, motorized bicycles and tricycles, dirt bikes, mopeds or snowmobiles. Additional excluded items are all-terrain vehicles, motor homes, house trailers, any vehicles meant for road use, watercraft or aircraft. Equipment, parts or tires for any of the property described in this paragraph are also not included.
Equipment or vehicles belonging to a dealer and being used for demonstration purposes are also not included as borrowed or rented farm machinery, vehicle, or equipment.

When farm machinery, vehicles and equipment are individually described on the declaration they are covered whether on or away from the insured location. The only time they are not covered is while in the custody of any company that transports property for others.
Livestock on or away from premises. Livestock is excluded while in transit by a common or a contract carrier, while at public stockyards, sales barns or sales yards or at packing plants or slaughterhouses. Regardless of the applicable cause of loss on the declarations, the only Covered Causes of Loss are those provided under either BASIC or BROAD.
The following are covered but regardless of the applicable cause of loss on the declarations, the only Covered Causes of Loss are those provided under either BASIC or BROAD.

Bees
Worms
Fish
Other Animals
Portable buildings or structures that are owned by the named insured.

2. Property Not Covered

The following property is not included under Coverage E:

Any growing crops, trees, plants, shrubs, or lawns. Some coverage is available under FP 00 12–Farm Property – Farm Dwellings, Appurtenant Structures and Household Personal Property Coverage Form. Growing crops should be covered under a crop hail or crop multi-peril policy.
Any household personal property or property normally kept in a dwelling. FP 00 12–Farm Property – Farm Dwellings, Appurtenant Structures and Household Personal Property Coverage Form.
Electronic data processing media and software but only those amounts that exceed the greater of such property’s prepackaged software or blank discs value.
Fixtures considered a permanent part of a building or attached to a building. These are part of FP 00 12–Farm Property – Farm Dwellings, Appurtenant Structures and Household Personal Property Coverage Form or FP 00 14–Farm Property – Barns, outbuildings and other Farm Structures Coverage Form.
All outdoor radio or television equipment, antenna, towers, masts plus any type of related-wiring and any private power and light poles. This property may be part of FP 00 12–Farm Property – Farm Dwellings, Appurtenant Structures and Household Personal Property Coverage Form or FP 00 14–Farm Property – Barns, outbuildings and other Farm Structures Coverage Form. Additional limits may need to be purchased with an Inland Marine policy.

· Any property involved with illegal transportation, trade, or related activities is not covered because insurance coverage is not intended to facilitate illegal activities.

· Agritainment property is not covered. Agritainment property is defined in FP 00 90–Farm Property – Other Farm Provisions Form – Additional Coverages, Conditions, Definitions in order to determine exactly what property is not covered.

Related Article: FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverage, Conditions, Definitions Analysis

3. Special Limits of Insurance under Coverage E

A special limit is actually a limitation because it places a lower maximum limit on specific property. It is not additional insurance but instead sets a cap on recovery. The limits in this section can be increased on the declaration so these limits are defaults when no limit is shown on the declarations.

Hay, straw or fodder in the open is limited to $10,000 for a single stack.
The poultry limit per bird is the cash market value at the time of loss.
Any single item of miscellaneous equipment is limited to $3,000.
The least expensive of the following options is the amount the insurance company pays for loss or damage to any one head of livestock:

o 120% of the amount obtained by dividing the total insurance on the class and type of animal by the number of head owned at the time of the loss. Each individual horse, mule or head of cattle under one year of age is counted as 1/2 head.

o The actual cash value of the animal

o $2,000

Example: The Greene Dairy Farm had 130 head of cattle. The total insurance carried was $120,000. A recent fire in one of the barns killed 10 animals. Here are the valuation options that apply to this loss:

$120,000 ÷ 130 = $1,000 X 1.20 = $1,108 (rounded)

Actual cash value of each head is $1,500

The least expensive amount of $1,108, $1,500 or $2,000 is $1,108 per animal so that total settlement is $1,108 X10 animals or $11,080.

B. COVERAGE E. CONDITIONS

The conditions listed in FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverages, Conditions and Definitions and in IL 00 17–Common Policy Conditions apply to this Coverage.

IL 00 17–Common Policy Conditions Analysis

FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverage, Conditions, Definitions Analysis

In addition, the following Loss Conditions apply:

1. Portable Buildings and Portable Structures That You Own

Payments made on these structures are on a proportional basis. At the time of loss, the total value of all portable buildings is added up and compared to the limit of insurance that applies to that class of property. That ratio is then applied to and multiplied against the loss amount to determine the amount paid.

Example: The amount of insurance is $150,000 and the value of all buildings is $200,000. The loss amount is $5,000. $150,000 ÷ $200,000 = .75. As a result, the payment is $5,000 X .75 or $3,750.

2. Pro Rata Distribution

This condition applies to only Grain, Hay, Straw and Fodder, Farm Machinery, Vehicles and Equipment and Poultry in Unheated Buildings. It applies only when coverage applies at more than one location. The limit available for a given loss depends upon whether the total amount of coverage carried is adequate compared to the total value of the property that exists at all locations. The value is determined at the time a given loss occurs. Furthermore, payment also depends upon the relationship between the amounts of property located at the loss site (or sites) in comparison to the total amount of property protected at all sites.

Note: The FP 00 13 form includes two examples (one concerning adequate limits and one concerning underinsurance) to assist the reader’s understanding of this condition. Essentially the limit calculation that applies to a given loss is as follows:

Property Value at Loss Location ÷ Property Value at All Locations X Limit Carried for All Locations

Example: An insured has five locations. He suffers a grain loss at a single location. Here is how the pro rata distribution condition would affect the loss payment:
Amount of Coverage Carried - All Locations	$250,000
Value of Property - All Locations	$400,000
Value of Property - Loss Location	$75,000
Amount of Loss	$50,000
Proportion Calculation	$250,000 ÷ $400,000
Available Coverage Calculation	.625 x $50,000 = $31,250
* Available for loss	$31,250

* The applicable deductible is subtracted before the loss is paid.

3. Livestock, Poultry, Bees, Fish, Worms and Other Animals

The term loss is limited in its usage for livestock, poultry, bees, fish, worms and other animals. A loss must be actual death or destruction. Illness and disease that does not lead to death is not covered. Damage causing a reduction in value is not a covered loss. The death or destruction must result from a covered cause of loss.

Example: Joe had agreed to sell eight chickens to a neighboring farmer. A respiratory illness caused a weight-loss to the hens. While the sale was completed, it was at less than half the original price This loss is not eligible for coverage.

4. Valuation

The only valuation is actual cash value at the time of loss not to exceed the amount needed to repair or replace the property.

5. Coverage Territory

The coverage territory is the United States, Puerto Rico and Canada.

Note: There is no reference to permit coverage in the U.S. territories for travel to or from any covered territories.

Coverage F–Unscheduled Farm Personal Property

A. This coverage is unusual because all property covered is unscheduled. If the property meets the description of covered property, coverage applies. Coverage is provided only if there is direct physical damage or loss to covered property and that loss or damage is caused by a covered cause of loss.

1. COVERED PROPERTY

Covered property includes all farm personal property at the insured location, unless it is listed as property not covered. Livestock is covered but regardless of the applicable cause of loss on the declarations, the only Covered Causes of Loss for livestock is provided under either BASIC or BROAD.

The following items are also covered when they are away from the insured location:

Grain, ground feed, fertilizer, fodder, hay, herbicides, manufactured and blended livestock feed, pesticides, silage, straw, threshed beans and threshed seeds EXCEPT while being stored or processed in commercial drying plants, manufacturing plants, public elevators, seed houses, or warehouses or with a common carrier.
Livestock, EXCEPT while in transit by common or contract carrier, at public stockyards, sales barns or yards or at packing plants or slaughterhouses. Regardless of the applicable cause of loss on the declarations, the only Covered Causes of Loss are those provided under either BASIC or BROAD.
Farm machinery and equipment, implements, tools and supplies, unless listed as property not covered or in the possession of a common or contract carrier.

2. Property Not Covered (014 16 addition)

All of the following property is excluded under Coverage F:

Personal property that is usual to a dwelling or called household personal property.
Electronic data processing media and software but only those amounts that exceed the greater of such property’s prepackaged software or blank discs value.

Example: Hannah’s laptop is destroyed in a fire; she turns in a claim that includes $2,200 for her inventory software that she extensively modified for her farming operation. She’s paid only $495, the cost of the off-the-shelf software; the modification expense is ineligible for reimbursement.

Animals that are not considered livestock.
Poultry, bees, fish, or worms. Coverage E should be used to cover this property.
Racehorses, show horses or show ponies. Coverage E or more specialized horse related coverage such as Bloodstock coverage should be used to cover this property.
Grain, threshed seeds, threshed beans, hay, straw, fodder, silage, ground feed, herbicides, fertilizer, manufactured or blended livestock feed but only while being stored or processed in manufacturing plants, public elevators, warehouses, seed houses, or commercial drying plants.
Trees, plants, shrubs, or lawns.
Tobacco, cotton, vegetables, root crops, potatoes, bulbs, fruit, or nursery stock.
Crops that are in in the open. There is some coverage provided under the extension of coverage in Coverage F.
Contents of chicken fryer or broiler houses, laying houses, poultry brooders, or duck or turkey houses. Coverage E should be used to cover this property.
Automobiles, trucks, motorcycles, motorized bicycles or tricycles, mopeds, dirt bikes, snowmobiles, all-terrain vehicles, mobile homes, house trailers, vehicles primarily designed and licensed for road use, and watercraft or aircraft. Parts, tires and equipment used with any equipment within this paragraph are also not covered. Farm wagons and trailers are an exception. An automobile policy should be used to cover most of this property.
Fences; windmills or windchargers or their towers. Coverage G should be used to cover this property.
Permanent fixtures in or attached to any buildings. Bulk milk tanks, feed tanks and bins but only if attached to a buildings or other structure. Also, boilers, pasteurizers, and barn cleaners.
All outdoor radio or television equipment, antenna, towers, masts plus any type of related-wiring. An Inland Marine Floater should be used to cover this property.
Portable buildings or portable structures. Coverage G should be used to cover this property.
Irrigation equipment.
Property that is described separately and is covered specifically in whole or part under another coverage or coverage in this or any other policy. This means that items listed and covered by an Inland Marine floater would not be covered under this coverage. Its value should therefore be removed from this coverage’s limit.
Cotton pickers and harvester-thresher combines.
Any property involved with illegal transportation, trade, or related activities is not covered because insurance coverage is not intended to facilitate illegal activities.
Agritainment property is not covered. Agritainment property is defined in FP 00 90–Farm Property – Other Farm Provisions Form – Additional Coverages, Conditions, Definitions in order to determine exactly what property is not covered.

Any property that is shown under Coverage F on the declarations as other property that is not covered.

3. Special Limits of Liability Under Coverage F

The special limits are maximum amounts within the Coverage F limit of Insurance. These do not extend coverage but rather limit coverage for certain categories of property. These maximum amounts apply to horses, mules or head of cattle. The limits are $1,000 on any one horse, mule or head of cattle that is under one year of age and $2,000 on any other head of livestock that is older than that. This limit is further subject to modification by operation of the coinsurance clause, if applicable. These maximum amounts are not necessarily the amount the insurance company pays. If an animal is worth less than the limit available, the actual value is the amount paid.

B. COVERAGE F CONDITIONS

The conditions listed in FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverages, Conditions and Definitions and in IL 00 17–Common Policy Conditions apply to this Coverage.

IL 00 17-Common Policy Conditions Analysis

FP 00 90–Farm Property–Other Farm Provisions Form–Additional Coverage, Conditions, Definitions Analysis

In addition, the following Loss Conditions apply:

1. Livestock

Loss is a term with a limited definition with respect to livestock. A loss must be actual death or destruction. Illness and disease that does not lead to death is not covered. Damage causing a reduction in value is not a covered loss. The death or destruction must result from a covered cause of loss.

2. Coinsurance

The limit of insurance for unscheduled personal property must be 80% or more of its actual cash value at the time of loss. If the limit does not meet this requirement, a penalty is applied. It is based on the ratio determined by dividing the limit of insurance by the required (80% of value) limit of insurance.

IMPORTANT EXCEPTION: If property is underinsured only because of the purchase of a new item of equipment or machinery within 30 days of the date of loss, the value, up to $100,000 for a new item and $75,000 for a replacement item, is removed before the calculation.

Example: The limit of insurance is $350,000. The actual cash value on the date of loss is $500,000. The required limit is $400,000 ($500,000 X .80). As a result, the penalty is .875 ($350,000/$400,000). Any loss or damage would be settled for only 87.5% of the value of the loss. However, one reason for the difference is newly purchased equipment valued at $150,000. That revised computation is:
Actual value of all unscheduled property:	$500,000
Minus the value of the new equipment	$100,000 (New purchase credit up to $100,000)
Value to be used in calculation:	$400,000
X.80	coinsurance percentage
Required amount of insurance	$320,000
Exception – Coinsurance Penalty	No penalty required
In this case, a loss is not penalized instead of being penalized with a .875 factor that would apply if no newly acquired equipment were involved.

3. Valuation

The only valuation is actual cash value at the time of loss not to exceed the amount needed to repair or replace the property.

4. Coverage Territory

The coverage territory is the United States, Puerto Rico and Canada.

Note: There is no reference to permit coverage in the US territories for travel to or from any covered territories.

SECTION II – COVERAGE EXTENSIONS

These extensions apply to Coverage E, Coverage F or both. The extension states which coverage applies.

A. PROPERTY IN THE CUSTODY OF A COMMON OR CONTRACT CARRIER

This extension applies to both Coverage E and Coverage F.

A $1,000 limit applies to farm personal property (as defined in the form) in transit while with a common or contract carrier. Higher limits are available and must be shown on the declarations.

B. COVERED PROPERTY AWAY FROM THE INSURED LOCATION

This extension applies only to Coverage E.

Property away from the insured location is covered but only for the percentage of the limit of insurance for that particular type of property. The percentage is 10% of the limit of insurance, unless the property is Miscellaneous Equipment Usual or Incidental to the Operation of a Farm, for which a percentage of 25% applies.

This extension does not apply to property stored or being processed in manufacturing plants, public elevators, warehouses, seed houses or commercial drying plants, in public sales barns or public sales yards, or in transit by common or contract carrier. It also does not apply to certain livestock and individually insured farm machinery and equipment.

Any loss under this extension is prorated with any other policy that also covers the property involved. This extension does not increase the limit of insurance.

If an insured wants 100% of his personal property to be covered on and off premises, FP 05 20–Scheduled Farm Personal Property Away From the Insured Location must be attached to the policy.

C. REPLACEMENT MACHINERY, VEHICLES AND EQUIPMENT NEWLY PURCHASED

This extension applies only to Coverage E.

If the insured purchases replacement machinery, vehicles or equipment, the limit for that replaced scheduled item applies, plus an additional $75,000. The additional $75,000 is available for only 30 days after the date the property is purchased or until the policy expires, whichever occurs first. Coverage applies only when that new item is not covered by any other policy or coverage form. When other coverage does exist but it is insufficient to cover the loss, this coverage will apply to that uncovered amount. Any coverage provided is subject to the actual cash value of the equipment on the date of the loss.

D. ADDITIONAL MACHINERY, VEHICLES AND EQUIPMENT NEWLY PURCHASED

This extension applies only to Coverage E.

Any newly purchased additional item of farm equipment, machinery or vehicles is covered for up to $100,000 for up to 30 days after the purchase or the policy expiration date (whichever occurs first). This extension does not apply to the following items:

Vehicles that are designed and licensed for road use except for farm wagons or farm trailers.
Automobiles, trucks, motorcycles, motorized bikes or tricycles, mopeds, dirt bikes, snowmobiles, all-terrain vehicles
Mobile homes or house trailers
Watercraft, aircraft
Tires, equipment or parts of any of the four bulleted item groupings described above
Liquefied petroleum or manufactured gas or fuel. The containers of such items are also not covered.
Towers, windmills windchargers
Brooders
Fences
Farm equipment, machinery, or vehicles that are purchased to replace any specifically described items.

Coverage applies only when that new item is not covered by any other policy or coverage form. When other coverage does exist, but it is insufficient to cover the loss, this coverage will apply to that uncovered amount. Any coverage provided is subject to the actual cash value of the equipment on the date of the of the loss.

Note: This provision makes reference to new purchases, so some confusion might occur about new acquisitions that don’t involve purchase (such as inherited property, traded property, or gifts).

Example: Clem’s Machinery storage barn is demolished after a lightning strike-induced fire. He loses four of his tractors, including one received 15 days before the fire. It was a gift from his uncle who retired and sold his own farm. His insurer denies coverage for the gift tractor, but Clem demands an explanation of why the equipment extension coverage doesn’t apply.

E. ADDITIONAL ACQUIRED LIVESTOCK

This Extension applies only to Coverage E.

If coverage includes specifically declared livestock, or has a livestock class limit of insurance, this extension covers additional livestock purchased for up to 30 days after the purchase date. The most paid is the lesser of the actual cash value of the property or 25% of the total livestock coverage limit. Additional premium must be paid from the purchase date.

F. THIRTY-DAY ADDITIONAL LIMIT ON BORROWED OR RENTED FARM MACHINERY, VEHICLES, EQUIPMENT (04 16 change)

This Extension applies only to Coverage E.

If there is a limit of insurance for Farm Machinery, Vehicles, Equipment Borrowed or Rented With Or Without A

Written Contract, an additional $10,000 per occurrence is available for items that are either rented or borrowed after the beginning of the policy year. This additional limit applies for up to 30 days. If the insured keeps the property for more than 30 days, additional premium is due starting with the 31st day of possession.

Example: During harvest time, Abe didn’t think about the impact of having planted an additional hundred acres of soy beans. He was running behind in his harvesting, so he borrowed equipment from a neighbor. One night, the borrowed equipment was vandalized. Because he had possession of the equipment for less than a month, his policy extended coverage for the damage.

If there is no limit on the Declarations for this coverage, no coverage is provided under this Coverage Extension. However, refer to Section III-Additional Coverage for a limited automatic amount of coverage.

G. FARM PRODUCTS IN THE OPEN–COVERAGE AGAINST CERTAIN CAUSES OF LOSS

This Extension applies only to Coverage E.

For only the perils of fire, lightning, windstorm or hail, vehicles and theft, up to 10% of the limit of liability shown for farm personal property is available to apply to the following property in the open:

Grain that is in piles, shocks, stacks, or swaths.
Hay, straw and fodder in stacks, windrows or bales but this item is subject to a sublimit of no more than $10,000 for any one stack of hay, straw or fodder.

The coverage also extends to unharvested barley, corn, oats, rye, wheat, and other grains, flax, soybeans and sunflowers but only for the perils of fire or lightning. This Extension does not apply to seed or forage crops.

This extension does not increase the limit of insurance.

SECTION III–ADDITIONAL COVERAGES

A. COST OF RESTORING FARM OPERATIONS RECORDS

Up to $2,000 is available for the research, replacement, or restoration of farm records lost due to a covered cause of loss. This is similar to Valuable Papers coverage. A higher limit can be entered on the declarations. No deductible applies to this additional coverage.

B. EXTRA EXPENSE

This coverage assists with the necessary and actual documented extra expenses incurred by the named insured in order to continue or resume normal farming operations. The operations must be interrupted by damage to or loss of covered property caused by the occurrence of a covered cause of loss. Coverage ends when the time needed to rebuild, replace or repair the covered property ends. No deductible applies to this coverage. This coverage does not apply to any expenses for the testing or monitoring for pollutants that are the result of an ordinance or law being enforced or due to the compliance with that ordinance or law.

Coverage applies only if there is a limit of insurance entered on the declarations for Extra Expense.

C. BORROWED OR RENTED FARM MACHINERY, VEHICLES EQUIPMENT – THIRTY-DAY LIMIT (04 16 addition)

When there is no limit on the declarations for Borrowed or Rented Farm Machinery, Vehicles, Equipment, an automatic limit of $10,000 is available to cover such items. The contract can be written or verbal but the cause of loss form is Special Causes of Loss. Coverage lasts for 30 days or until the policy period ends, whichever is sooner. If coverage is needed beyond the 30 days, the property must be reported and premium paid starting with the 31^st day on which it is rented or borrowed.

The items that are covered must be:

Ones that would be considered related to farming operations
At the time of the loss, in the named insured’s care, custody, or control
Borrowed or rented by the named insured after the policy period had started
Nonowned by the named insured and in which there is no lienholder interest.

Borrowed farm machinery does not include any motorized vehicles such as automobiles, trucks, motorcycles, motorized bicycles and tricycles, dirt bikes, mopeds or snowmobiles. Additional excluded items are all-terrain vehicles, motor homes, house trailers, any vehicles meant for road use, watercraft or aircraft. Equipment, parts or tires for any of the property described in this paragraph are also not included.

Equipment or vehicles belonging to a dealer and being used for demonstration purposes are also not included as borrowed or rented farm machinery, vehicle, or equipment.

Borrowed or rented items are not covered while on their owners’ premises.

D. OTHER ADDITIONAL COVERAGE

Other additional coverages will be discussed in the section on FP 00 90–Farm Property–Other Farm Provision Form–Additional Coverages, Condition and Definitions.

SECTION IV–OTHER PROVISIONS

A. COVERED CAUSES OF LOSS, EXCLUSIONS AND LIMITATIONS

A policy requires a Covered Cause of Loss section to be complete. These provisions are discussed in FP 10 60–Causes of Loss Form–Farm Property.

B. LIMITS OF INSURANCE

This is discussed in FP 00 90–Farm Property–Other Farm Provision Form–Additional Coverages, Condition and Definitions.

C. DEDUCTIBLE

This is discussed in FP 00 90–Farm Property–Other Farm Provision Form–Additional Coverages, Condition and Definitions.

FP 00 13­–FARM PROPERTY–FARM PERSONAL PROPERTY COVERAGE FORM ANALYSIS

INTRODUCTION

SECTION I–COVERAGES

Coverage E– Scheduled Farm Personal Property

Coverage F–Unscheduled Farm Personal Property

SECTION II – COVERAGE EXTENSIONS

SECTION III–ADDITIONAL COVERAGES

SECTION IV–OTHER PROVISIONS

FP 00 13–FARM PROPERTY–FARM PERSONAL PROPERTY COVERAGE FORM ANALYSIS