Farmowners Insurance Overview Questions And Answers

Farmowners Insurance Overview Questions And Answers Farmowners Policy - ANS-An insurance contract that provides coverage for farm and ranch properties. Part A: Coverage - ANS-This part of the policy identifies the types of property covered and the special limits that apply. Part B: Causes of Loss - ANS-This part of the policy describes the different types of causes of loss, including basic, broad, and special. Part C: Exclusions - ANS-This part of the policy defines the general exclusions and exclusions specific to each cause of loss. Part D: Additional Coverages - ANS-This part of the policy provides limited coverage for losses that are typically excluded. Part E: Limits of Insurance - ANS-This part of the policy explains how the insurance limits are applied. Part F: Deductible - ANS-This part of the policy describes how the deductibles are applied. Part G: Conditions - ANS-This part of the policy defines the property and liability conditions that apply. Part H: Definitions - ANS-This part of the policy provides definitions for specific words used in the policy. Farm Personal Property - ANS-Equipment, supplies, and products used in farming or ranching operations. Livestock - ANS-Cattle, sheep, swine, goats, horses, mules, and donkeys. Poultry - ANS-Fowl kept by the insured for use or sale.