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ACE
Agribusiness Farm Ranch Estate |
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Download
Application |
Commercial
Liability |
Horse
Mortality & Major Medical |
It's essential that your farm, ranch or estate be protected with an insurance
policy specifically designed for your operations. It is equally
important that the insurance company has a strong financial background and
extensive agribusiness experience.
The ACE Agribusiness Farm, Ranch & Estate Policy offers some of the
industry's broadest and most comprehensive coverage available to the
ranch or farm owner at a competitive preferred 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.
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Allen Financial Insurance Group has been servicing farm and ranch clients for over thirty years. In the event
of a loss, our clients are secure in the knowledge that their claim will be processed by our in-house claims staff specially trained to handle equine
losses.
The ACE Farm and Ranch Policy offers some of the industry's broadest and most comprehensive coverage available to
the ranch or farm owner at a competitive preferred 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.
ACE Farm Coverage Comparison
Chart |
ACE Farm Ranch Estate Portfolio |
Highlights
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Eligibility
Individuals. partnerships,
corporations, limited-liability corporation (LLC) owner or tenant
operator. |
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Format
A Multi-line policy able to
include Dwelling, Outbuildings, Personal Property, Farm Equipment, Farm
Personal
Property, Farm & Stable Liability, Automobile, Livestock care
custody control, Watercraft, and
Umbrella in one package.
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Deductibles
$250 to $25,000
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Fire Department Service
No limit, no
deductible |
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Preferred Markets
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Family Farms and
Ranches |
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Large commercial growers and packers of agricultural products |
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Cattle Ranches & Feedlots |
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Grain and Row Crop growers |
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Horse Farms including
CCC & Equine Mortality |
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Cotton growers |
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Citrus growers |
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Dairy Farms |
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Hobby Farms |
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Estate Farms |
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Nut Orchards & Berry
Growers |
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Vegetable
Growers & Packers |
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Vineyards |
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Wholesale nurseries |
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Specialty Markets
Available States
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Cotton Gins |
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Dairy Operations |
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Farm Products |
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Farm Supply Stores |
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Feed Manufacturing |
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Feed Yards |
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Feed, Hay and Grain Dealers |
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Fertilizer Dealers &
Blenders incl Application |
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Flour Milling |
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Food Processing |
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Fish Processing & Farms |
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Fish or Seafood Processing |
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Elevators & Grain Handling
Facilities |
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Grain Milling |
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Produce Packing |
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Seed Merchant |
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ACE Farm Coverage Comparison
Chart |
COVERAGE A--
DWELLING
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Replacement
Cost Primary dwelling and structures attached to
covered dwellings when insured to 80% or more of
replacement cost value.
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Inflation
Guard Optional on dwelling (including
ordinance and law option)
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Satellite
Dish/Antenna $1,500 Limit - Higher limit
available |
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Trees, shrubs and
plants within 500 feet of covered dwelling for up to $2,000. |
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COVERAGE B --
OTHER PRIVATE STRUCTURES
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Limit
20%
of dwelling limit for unattached structures appurtenant to the dwelling
not used for farming purposes.
No distance limitation. Higher
limits available for charge. |
COVERAGE C --
HOUSEHOLD PERSONAL PROPERTY
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Limit 50%
of dwelling limit is standard. Higher limits available. |
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Property off
premises $1,000
worldwide
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Special
Limits $2,000 for grave markers
$3,000 for securities and letters of credit $3,000 for
furs, jewelry, precious stones and watches $5,000
for firearms $ 400
money, gold, platinum, silverware $3,000 for watercraft, outboard engines, watercraft furnishings and
trailers $5,000 business property
on premises, 10% off premises $5,000
for silverware or goldware.
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Replacement
Cost For nominal charge, Coverage C Limit
automatically increased to 70% of dwelling limit.
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Refrigerated
Products $500 for refrigerated household
contents. No deductible
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Credit
Card $500 for credit card and fund transfer
card forgery and counterfeit money. |
COVERAGE D --
ADDITIONAL LIVING EXPENSES
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Coverage for necessary
increases in living expense if a covered cause of loss renders your home
uninhabitable. 10%
of dwelling limit |
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COVERAGE E
-- SCHEDULED FARM PERSONAL PROPERTY
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Newly Acquired
Or Replacement Farm
Machinery: $100,000 for up to
30
days |
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Personal Property
of Other: $2,500
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Tack
& Related Equipment:
No sub-limit for unscheduled items |
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Replacement
Cost : Available for office contents and
tack |
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Transportation:
$2,000
included |
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Farm
Records: $2.000 for restoration. No
deductible |
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Extra
Expense: $2,000 included. No
deductible
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Livestock:
Up
to $2,000 per animal available
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Peak
Season: Available for seasonal
fluctuations
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COVERAGE F
-- BLANKET OR UNSCHEDULED PERSONAL PROPERTY
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Unscheduled farm machinery and equipment
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Farm products in the open for certain causes of loss |
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Property in the custody of a common contract carrier
$1,000 Limit |
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Cost of restoring farm records
$2,000 Limit
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COVERAGE G -- OTHER FARM
STRUCTURES
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Replacement
Cost: Available when insured to 80% of
Replacement Cost. If not insured to 80%, Actual Cash Value
applies. |
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New
Construction: Automatic $250,000 coverage for
60 days.
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Private Power and
Light Poles |
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Outdoor Radio & TV
equipment, antennas and towers |
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Fences, corrals, pens,
chutes and feed racks |
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Silos, portable buildings
and structures |
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Improvements and betterments |
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Loss of
Income: Available for covered
perils
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Blanket
Coverage: Available for farm buildings other
than dwellings |
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OPTIONAL
COVERAGE
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Disruption of Farming
Operations |
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Earthquake |
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Equine Professional
Services Endorsement |
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Identity Theft
Protection |
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Farm Computer
Coverage |
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High Value Dwelling
Endorsement |
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Trainers
Professional Liability |
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Livestock Breeders
Endorsement |
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Livestock Collision
Endorsement |
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Beekeepers
Endorsement |
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Watercraft Hull
Coverage |
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Agricultural
machinery rental reimbursement |
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Extra Expense and
Business Income Coverage |
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Transportation
Coverage increased limits |
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Enhanced Pollutant
Cleanup Endorsement |
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Sump overflow and
water backup from sewers and drains |
Rain & Hail Farm Policy Coverage Options |
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Identity Theft Protection
You can add
ACE identity theft protection program to a ACE
homeowners, farmowners, condo or renters policy. If you become a victim of identity theft, this program
provides you with access to a consumer fraud specialist, who can
guide you through the process of reclaiming your identity,
including:
- Obtaining
a free credit report from the three major credit reporting
agencies
- Placing
fraud alerts with all three credit reporting agencies
- Enrolling
you in six months of daily credit monitoring
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Completing dispute letters on your behalf for approval and
signature.
This
coverage will also reimburse you up to $25,000, with
no deductible, for the expenses associated with
clearing your name and repairing your damaged
credit, such as:
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Lost
wages (up to $1,000 a week for a maximum of 5
weeks)
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Reasonable attorney fees incurred, with
Travelers prior approval
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Daycare and eldercare expenses
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Notary and certified mailing charges
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Loan
re-application fees, and
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Long
distance phone charges.
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Orchard & Vineyard Endorsement
- $25,000
replacement cost for damage to tree or vines at insured location
- $25,000 for loss or damage to harvested orchard or vineyard products at
insured location
- $10,000 for loss or damage to harvested orchard or vineyard products at
other than insured location
- $5,000 for loss or damage to harvested product in the custody of
common or contract carrier
- $5,000 for un-collectable bills due to product damage shipped at
buyers risk
- $3,000 replacement cost for unscheduled signs
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Dairy Endorsement
- $10,000 for spoilage of owned milk
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$10,000 contamination of owned milk
- $50,000 for
hay, straw and fodder
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$2,000
per animal livestock collision
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$10,000
additional extra expense coverage
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$1,000 per animal livestock theft ($5,000 per occurrence)
$100,000 limit for hay per
stack
(increased from $10,000)-
Contamination of non-owned
milk
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Equine
Property
Endorsement
- $10,000 Tack
& Equipment
- $5,000 Signs
& Entrance Gates
- $3,000 Fences & Corrals
- $1,500
Feed & Supplements
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Tack Equipment Endorsement
- Tack
equipment including harnesses, bridles & saddles
- Blanket
single limit of coverage
- Tack off
premises extension
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High Value Dwelling
Endorsement
- Dwelling replacement
cost loss settlement up to 125% of Coverage A
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Appurtenant Garage increased to 20% of Coverage A
- Ordinance of
Law added up to 30% of Coverage A
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$10,000
for credit cards, fund transfer cards, forgery or counterfeit currency
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$7,500 Arson Reward
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$2,000 Electronic Data
Restoration
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$1,000 Refrigerated Products
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$1,000 Fire
Extinguished Recharge
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$500 Lock Replacement
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Removal of fallen
trees
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COMPREHENSIVE
PERSONAL & COMMERCIAL GENERAL LIABILITY

Limits
| Occurrence |
$300,000 - $1,000,000
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| General
Aggregate |
$600,000 -
$2,000,000 |
| Aggregate Products/Completed
Operations |
$600,000 - $2,000,000
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| Personal / Advertising
Injury |
$300,000 - $
1,000,000 |
| Chemical Drift
Aggregate |
$25,000 -
$500,000 |
| Medical |
$5,000 |
| Fire
Legal Liability |
$100,000 |
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Excess
Umbrella Liability |
$5,000,000 |
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Newly acquired or
leased premises: Automatically covered during
policy term. Must be added at renewal to be covered.
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Broad Form
Contractual: Included
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Custom
Farming: Included when receipts less than
$10,000
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Pollutant Cleanup
$10,000 including debris removal (can be increased)
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Automobile: Optional
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Personal
Injury: False arrest, slander, wrongful entry
and eviction covered
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Advertising: Included
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Incidental Business
Pursuits: Available subject to underwriting
guidelines for charge
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Catastrophe
Liability: Excess liability available with limits $1,000,000 to $25,000,000
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Care, Custody &
Control
Optional coverage for horse of others under your control with
limits $5,000 to $250,000
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INELIGIBLE RISKS
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Farms principally engaged in commercial operations other than farming or
ranching |
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Dude Ranches, all resorts, religious retreats and camps |
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Outfitters or Guide services |
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Vacant farms or ranches |
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Nursery operations - Retail |
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Poultry hatcheries |
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Flexible Billing: We
offer several billing options to make it easier on your budget.
Claims
Service: 24 hours, 7 days a week toll-free
Claim Action Hotline puts you in immediate contact with a claim service
representative, enabling you to report claims quickly and efficiently.
Prompt reporting helps mitigate the risk of injury or damage and expedites
claim handling.
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