FIRE & EXTENDED COVERAGE SECTION PAGE QUALIFICATIONS... 2 UNDERWRITING RULES... 2 CLAIM UNDERWRITING... 2 TERRITORY DEFINITIONS... 3 DWELLING RATES TERRITORY 1... 4 DWELLING RATES TERRITORY 2... 5 CONTENTS RATES TERRITORY 1... 6 CONTENTS RATES TERRITORY 2... 7 MISCELLANEOUS COVERAGES... 8 DEFINITIONS APPLICABLE TO BARNS & OUTBUILDINGS... 8-9 FARM PERSONAL PROPERTY/BLANKET... 9-10 FARM BARN/OUTBUILDING RATES... 10-11 IRRIGATION EQUIPMENT - RATING/UNDERWRITING... 11 Policy Fee: $50 BMIC (09-15) 1 FIRE & EXTENDED COVERAGE
QUALIFICATIONS 1. Must be owner occupied. (For rental or seasonal dwelling, see Rental or Seasonal section of this manual.) 2. Most heating systems accepted, including primary wood heat, as long as properly installed. (See Underwriting section, pages 5-7.) We will not accept portable, electric, or kerosene of any kind. Gas heaters must be vented. UNDERWRITER APPROVAL REQUIRED ON THE FOLLOWING 1. Applicant that has plead guilty or been convicted of a felony. 2. Any dwelling where the roof covering is slate, asbestos, concrete or any non-standard material. We will accept the risk, given these roof coverings if the insured will agree to a roof exclusion. 3. Risks with unfenced in-ground swimming pools. 4. Risks with pools with diving boards. CLAIM UNDERWRITING The following are guidelines concerning claims history and acceptability. Each applicant and claim scenario is different, so the underwriter will review the entire account and the type of claim or claims to evaluate acceptability. NO-PAY CLAIMS: Generally no-pay claims are treated as a paid claim. SINGULAR RISK: 2 claims in 3 years or 3 claims in 5 years would disqualify a risk. If there are more than 2 fire claims in the last 5 years, regardless of the number of properties, the risk will be declined. BMIC (01-17) 2 FIRE & EXTENDED COVERAGE
TERRITORY DEFINITIONS TWO TERRITORIES: TERRITORY 1: BUTLER CLAY DUNKLIN JACKSON JEFFERSON MADISON MISSISSIPPI NEW MADRID PEMISCOT SCOTT ST CHARLES ST LOUIS STODDARD WAYNE TERRITORY 2: BALANCE OF STATE BMIC (01-15) 3 FIRE & EXTENDED COVERAGE
DWELLING TERRITORY 1 AMOUNT ADDITIONAL CHARGES: $26.00 FAMILY CYBER PROTECTION (mandatory) Provides a $15,000 aggregate limit with a $1,000 deductible for the following coverages: Online Extortion, Social Engineering, Cyber Bullying, Identity Theft, System Compromise, Internet Clean Up, and Breach Costs. Excludes activities related to a home-based business. $50.00 SUBMERSIBLE PUMP WARRANTY COVERAGE Pays for pump, whatever the cause of loss. $4,000 limitation; $500 deductible. $25.00 EQUIPMENT BREAKDOWN COVERAGE ENDORSEMENT Adds perils of artificially generated electrical currents, mechanical breakdown, and losses from pressure equipment. $35.00 WOOD HEAT Interior photo required of wood heat. $50.00 ROOF REPLACEMENT Flat roofs are ineligible. Charge separately for each building to be covered. See eligibility requirements, Underwriting page 10. $50.00 BROAD FORM 10% dwelling premium REPLACEMENT COST CONTENTS $40 minimum $6.00 per $1,000 RELATED PRIVATE STRUCTURES No farm buildings. See page 10 of this section for farm building rates. $5.60 per $1,000 SEWER BACKUP VM&M IS INCLUDED 1-6 DEDUCTIBLE CREDITS: $1,000 all other perils / $2,000 wind hail - 10% Credit $2,000 deductible - 17% credit $2,500 deductible - 20% credit $3,000 deductible - 25% credit 7-8 9 10 20,000 276.33 301.37 311.17 395.35 22,000 302.27 329.74 340.48 433.02 25,000 341.18 372.30 384.43 489.53 28,000 380.09 414.85 428.39 546.03 30,000 406.03 443.22 457.69 583.70 35,000 470.89 514.15 530.95 677.88 40,000 535.74 585.08 604.22 772.05 EA. ADD'L $1,000 13.39 14.62 15.11 19.76 BMIC (01-19) 4 FIRE & EXTENDED COVERAGE
DWELLING TERRITORY 2 AMOUNT ADDITIONAL CHARGES: $26.00 FAMILY CYBER PROTECTION (mandatory) Provides a $15,000 aggregate limit with a $1,000 deductible for the following coverages: Online Extortion, Social Engineering, Cyber Bullying, Identity Theft, System Compromise, Internet Clean Up, and Breach Costs. Excludes activities related to a home-based business. $50.00 SUBMERSIBLE PUMP WARRANTY COVERAGE Pays for pump, whatever the cause of loss. $4,000 limitation; $500 deductible. $25.00 EQUIPMENT BREAKDOWN COVERAGE ENDORSEMENT Adds perils of artificially generated electrical currents, mechanical breakdown, and losses from pressure equipment. $35.00 WOOD HEAT Interior photo required of wood heat. $50.00 ROOF REPLACEMENT Flat roofs are ineligible. Charge separately for each building to be covered. See eligibility requirements, Underwriting page 10. $50.00 BROAD FORM 10% dwelling premium REPLACEMENT COST CONTENTS $40 minimum $6.00 per $1,000 RELATED PRIVATE STRUCTURES No farm buildings. See page 10 of this section for farm building rates. $5.60 per $1,000 SEWER BACKUP VM&M IS INCLUDED 1-6 DEDUCTIBLE CREDITS: $1,000 all other perils / $2,000 wind hail - 10% Credit $2,000 deductible - 17% credit $2,500 deductible - 20% credit $3,000 deductible - 25% credit 7-8 9 10 20,000 230.27 251.14 259.31 329.46 22,000 251.89 274.78 283.73 360.85 25,000 284.32 310.25 320.36 407.94 28,000 316.74 345.71 356.99 455.03 30,000 338.36 369.35 381.41 486.42 35,000 392.41 428.63 442.46 564.90 40,000 446.45 487.57 503.51 643.38 EA. ADD'L $1,000 11.16 12.18 12.59 16.47 BMIC (01-19) 5 FIRE & EXTENDED COVERAGE
CONTENTS TERRITORY 1 Theft Included COVERAGE AMOUNT 1-6 7-8 9 10 10,000 57.81 65.27 80.19 123.08 12,000 69.50 78.45 96.35 142.97 14,000 81.18 91.63 112.51 162.87 15,000 87.03 98.22 120.59 172.81 16,000 92.87 104.81 128.68 182.76 18,000 104.56 117.78 144.84 202.65 20,000 116.24 131.16 161.00 222.54 25,000 145.46 164.11 201.41 272.27 EA. ADD'L $1,000 5.88 6.71 8.11 11.00 ADDITIONAL CHARGES $50.00 SUBMERSIBLE PUMP WARRANTY COVERAGE Pays for pump, whatever the cause of loss. $4,000 limitation; $500 deductible. $35.00 WOOD HEAT Interior photo required of wood heat. 10% dwelling premium REPLACEMENT COST CONTENTS $40 minimum. DEDUCTIBLE CREDITS $1,000 all other perils / $2,000 wind hail - 10% Credit $2,000 deductible - 17% credit $2,500 deductible - 20% credit $3,000 deductible - 25% credit THEFT RESTRICTION: We do not cover theft of personal property outside of a fully enclosed structure on the residence unless the property is secured by lock or other security device. (This is not the only theft restriction. Please refer to policy for exact coverage and restriction.) BMIC (01-16) 6 FIRE & EXTENDED COVERAGE
CONTENTS TERRITORY 2 Theft Included COVERAGE AMOUNT 1-6 7-8 9 10 10,000 48.18 54.39 66.82 102.57 12,000 57.91 65.37 80.29 119.14 14,000 67.65 76.36 93.76 135.72 15,000 72.52 81.85 100.50 144.01 16,000 77.39 87.34 107.23 152.30 18,000 87.13 98.32 120.70 168.87 20,000 96.87 109.30 134.17 185.45 25,000 121.22 136.76 167.84 226.89 EA. ADD'L $1,000 4.90 5.59 6.77 9.17 ADDITIONAL CHARGES $50.00 SUBMERSIBLE PUMP WARRANTY COVERAGE Pays for pump, whatever the cause of loss. $4,000 limitation; $500 deductible. $35.00 WOOD HEAT Interior photo required of wood heat. 10% dwelling premium REPLACEMENT COST CONTENTS $40 minimum. DEDUCTIBLE CREDITS $1,000 all other perils / $2,000 wind hail - 10% Credit $2,000 deductible - 17% credit $2,500 deductible - 20% credit $3,000 deductible - 25% credit THEFT RESTRICTION: We do not cover theft of personal property outside of a fully enclosed structure on the residence unless the property is secured by lock or other security device. (This is not the only theft restriction. Please refer to policy for exact coverage and restriction.) BMIC (01-16) 7 FIRE & EXTENDED COVERAGE
MISCELLANEOUS COVERAGES Per occurrence deductible: $500 all other perils / $1,000 wind hail Theft provisions incorporate a ceiling of $1,000 in each instance for jewelry, silverware, watches, furs, and hobby tools. (For additional coverages, refer to Inland Marine Section.) $1,000 theft limit on guns. ADDITIONAL LIVING EXPENSE: $3.60 per $1,000 coverage. BOAT DOCKS: See Underwriting section, page 3. LIABILITY: $52 for $100,000 CPL (less than 50 acres and no farming). For farming exposure, submit farm liability application (see FCPL section of the manual). RELATED PRIVATE STRUCTURES: $6.00 per $1,000 (No farm buildings) see page 12 for farm building rates. ANTENNA/SATELLITE DISH: $36.00 per $1,000 SUBMERSIBLE PUMP WARRANTY: $50.00 flat charge. (Covers the pump for any cause of loss; $4,000 limitation.) Charge per pump to be covered. $500 deductible. THEFT: Included with contents coverage. REFRIGERATED FOOD PRODUCTS: ($500 Limit) $5.00 DEFINITIONS APPLICABLE TO BARNS & OUTBUILDINGS Barns, Outbuildings, and Other Structures (excluding silos): Type 1 a. Building must not be over 1 story high. b. Building must be fully enclosed with no open sheds attached. c. No hay storage. d. No exposed urethane or styrene insulation. e. Building must be fully utilized in the farming operation. f. Coverage must be written for a minimum of $8.00 per square foot. g. Dairy barns may be written as Type 1. We will waive overhead feed bunks as 2 story structures. h. No major welding or woodworking. Type 2 a. Buildings framed on poles of minimum six inch diameter at ground line, set a minimum of four feet below ground level. To be considered as satisfying this requirement poles must be pressure treated with wood preservative. b. Building must be fully utilized in the farming operation. BMIC (01-19) 8 FIRE & EXTENDED COVERAGE
c. Type 2 buildings must be written to a minimum of $6.00 per square foot. This classification will accommodate most of the pole barns or machine sheds. Type 3 All Other buildings not eligible for Type 1 or Type 2 classification. 1. Minimum coverage is $4.00 per square foot. 2. Tobacco barns less than 16 feet to eaves. Type 5 Tobacco Barns - over 16 feet to eaves. 1. Minimum coverage is $4.00 per square foot. FARM PERSONAL PROPERTY PER $1,000 GRAINS, FEEDS 5.35 Grains, feeds, fertilizers, etc., excluding hay 6.95 Hay in buildings 23.75 Hay in open LIVESTOCK LIVESTOCK COVERAGE INCLUDES ADDED PERILS. COVERAGES ARE NOT SUBJECT TO THE POLICY DEDUCTIBLE. DO NOT APPLY DEDUCTIBLE CREDIT TO LIVESTOCK COVERAGE. 6.60 Livestock (blanket) $100 DEDUCTIBLE 8.25 Livestock (blanket) NO DEDUCTIBLE 3.30 Livestock 1ST ANIMAL DEDUCTIBLE (see Underwriting, page 4-5 for details.) MACHINERY/EQUIPMENT/TOOLS 5.50 Machinery, Not Described (Mini-blanket, but excludes selfpropelled items.) Coverage on any single item will not exceed $2,500. This is a catch-all coverage for small tools, implements, supplies, etc. Dairy barn equipment shall carry the same rate as the dairy building. 6.60 Specifically Insured Machinery (open perils) NO HARVESTERS. 7.90 Specifically Insured Harvesters (open perils) 2.00 Borrowed Machinery Coverage (excess). Recreational Vehicles (inc. 3 & 4 wheelers) See Inland Marine. Irrigation Equipment (see F&EC page 11) 9.90 Private Power & Light Poles: Description required. 6.60 Windmills & Windchargers MISCELLANEOUS FARM PROPERTY 50.00 flat chg. Submersible Pump Warranty (Covers pump for any cause of loss.) $4,000 limitation. Charge per pump. $500 deductible. 7.55 Grain bins (without dryers). GRAIN BINS MUST BE ANCHORED. 12.05 Grain bins (with dryers). If one dryer is used with two or more bins, only one bin is rated up. 9.50 Grain dryers, portable grain augers, elevators 15.15 Portable buildings, structures 7.56 Silos - Fused enamel construction - tile, hollow or solid concrete block. 6.50 Farm Extra Expense BMIC (01-16) 9 FIRE & EXTENDED COVERAGE
BLANKET FARM PERSONAL PROPERTY - MINIMUM COVERAGE $50,000 (1) All farm personal property must be shown. Any excluded items or classes of property will be at company approval. (2) Inventory sheet must be completed upon application. (3) We will write the coverage at 100% of the inventory. (4) Open Perils Endorsement included for power machinery items. (5) Added livestock perils included. (6) Use the "with harvester" rate if: a. any single harvester is valued at $50,000 or over. b. if a harvester is more than 40% of the blanket total NO HARVESTER WITH HARVESTER BLANKET TOTAL RATE RATE 50,000-150,000 6.05 7.50 150,001-200,000 5.50 6.95 200,001 and up 5.25 6.35 Rates are per $1,000. MINIMUM BLANKET: $50,000 EXCLUDED ITEMS: 1. Irrigation equipment 2. Bulk milk tanks, bulk feed tanks, silo unloaders, or any permanent fixtures attached to or within a building. 3. "Non-Farm Vehicles" - includes 3 & 4 wheelers, dirt bikes, etc. 4. Portable buildings or structures. 5. Radios not factory installed on machinery. These are not the only excluded items but represent the most common excluded items. See the policy form. FARM BARNS, BUILDINGS AND STRUCTURES RATES Refer to page 9 for outbuilding definitions PER $1,000 TYPE 1 Minimum coverage - $8.00 per square foot $8.40 TYPE 2 Minimum coverage - $6.00 per square foot 12.60 TYPE 3 Minimum coverage - $4.00 per square foot 16.80 TYPE 5 Tobacco Barns (minimum cov. $4.00/sq. ft.) 17.65 BMIC (01-15) 10 FIRE & EXTENDED COVERAGE
BROAD FORM: RATE is $1.00 per $1,000.00 coverage - Subject to policy deductible. YOU MUST CHARGE FOR ALL OUTBUILDINGS IF THIS COVERAGE IS WRITTEN. 1. Coverage must be written on all outbuildings. Those buildings that do not qualify will be excluded upon inspection. 2. If written mid-term, coverage does not activate until 10 days after coverage is requested. 3. Eligible buildings: Class 1, 2, 3, and 5. Must be fully used; vacant or unoccupied buildings are ineligible. 4. If building is clear span and exceeds 40 feet in width, you must provide truss snow load specifications. REPLACEMENT COST Farm barns, buildings and structures. Needs to be written at minimum 80% replacement value. Add $1.00 per 1,000 coverage (minimum charge of $50.00) only available on Type 1 & 2 barns. WOOD HEAT CHARGE - $35 IRRIGATION EQUIPMENT - RATING/UNDERWRITING Coverage must be in conjunction with the coverage of the farm operation; SUPPORTING COVERAGE IS MANDATORY. AMOUNT OF COVERAGE MUST BE CATEGORIZED AS FOLLOWS: PER $1,000 COVERAGE CATEGORY 15.00 TOWER, DISTRIBUTION SYSTEM, GENERATOR AND TURBINE - include cost and installation. 50.00 SUBMERSIBLE PUMP SYSTEMS - (electrical pump motors located down in the well.) UNITS WILL BE INSPECTED THOROUGHLY WITH EMPHASIS ON THE GROUNDING OF ELECTRICAL COMPONENTS. BMIC (01-17) 11 FIRE & EXTENDED COVERAGE