Disclaimer

The policy information given on this page is a summary containing basic information of farm policy forms offered by Farmers Mutual Insurance Company of Nodaway County. These details are not exhaustive or comprehensive. Please consult your individual policy documents for a complete description of your coverage types, levels, and policy conditions. 

Farm Dwelling Coverages

The FL-2 form is similar to the HO-2 form in that it covers the same broad form perils as an HO-2, but it does not come with some of the additional coverage forms of a homeowners policy. Additionally, a policy written with a form FL-2 does not automatically include liability coverage. While FL-2 policies can be written for any owner-occupied dwelling in very good condition, they are typically written for farm dwellings. This allows for nearly all of the protections of a broad form homeowners policy, but allows for farm liability protection to be attached instead of strictly personal liability protection. Property claims are settled on a replacement cost basis.

The FL-3 form is similar to the HO-3 form in that it is an open perils form, but it does not come with some of the additional coverage forms of a homeowners policy. Additionally, a policy written with a form FL-3 does not automatically include liability coverage. While FL-3 policies can be written for any owner-occupied dwelling in excellent condition, they are typically written for farm dwellings. This allows for nearly all of the protections of a special form homeowners policy, but allows for farm liability protection to be attached instead of strictly personal liability protection. Property claims are settled on a replacement cost basis.

Farm Operations Coverage

The FL-6 form covers buildings and personal property that are necessary for farm operations. There are 12 perils that can be covered under the form:

  1. Fire or Lightning 
  2. Explosion
  3. Windstorm or Hail
  4. Riot or Civil Commotion 
  5. Aircraft 
  6. Vehicles 
  7. Smoke 
  8. Theft 
  9. Collision 
  10. Livestock Electrocution 
  11. Vandalism
  12. Glass Breakage

 

These perils are similar to the basic perils covered under a form FL-1. However, the perils of collision, livestock electrocution, and glass breakage are included to encompass more common threats to livestock and farm machinery. All property covered under an FL-6 form is replaced on an actual cash value basis.  

Skip to content