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For Manufacturers and retailers supplying the agricultural marketplace like Feed Mills, Grain Elevators, Flour Mills, Millwrights, Drainage Contractors, etc.
3-years business or industry experience preferred, acceptable claims history, physical premises must be well maintained.
Not required by lay, but may be required to satisfy mortgagee/ lender requirements or contractual obligations.
Buildings (owned) Business Contents, Business Interruption, Business Liability, including legal expenses, Limited Pollution Liability. Typically includes a customized package of coverage extensions geared to the Agri Business sector.
Typically, property premiums are rated on the limit of coverage required and the type of construction. Liability premiums are based on annual revenue and the limit of coverage provided. Type of Operation, scale of operation will also be factors.