Sam Bennett, CIC, CPIA, AFIS
This presentation will address the exposures associated with items on the farm that move – both under their own power and those provided mobility by other vehicles. The purpose of this presentation is to remind the agent that the policy forms we use can certainly provide the coverages necessary for the exposures, but without careful review of these forms, their many exclusions can prove problematic. The basis of the presentation will be the coverages for “mobile equipment” found in the farm liability forms routinely used in the agribusiness market, the coverages for owned and non-owned vehicles found in the Personal Auto Policy (PAP), and the “auto” coverages found in the Business Auto Policy (BAP). Use of the exclusions found in each of these forms will solidify the understanding of the risks associated with items that move.
2 MN CE
