Farm Business Plus
Our Farm Plus package offers a number of coverage extensions to ensure your home and contents are adequately insured.
Peace Hills Insurance now offers the Farm Business Plus Endorsement which provides the following coverage extensions for your farm business property at a competitive price.
Who Qualifies?
If you have your Farm Property policy with Peace Hills, contact your independent insurance broker. Your broker will determine if your farm business meets the minimal underwriting requirements to qualify for our Farm Business Plus Endorsement.
Policy Highlights
⪧ Automatic coverage for newly acquired property:
- INCREASED!* Now $50,000 on contents
- INCREASED!* Now $500,000 on building(s)
- INCREASED!* Now $1,000,000 blanket cover on farm machinery
⪧ Automatic coverage for newly acquired livestock ($5,000 any one animal up to $10,000)
⪧ INCREASED!* Blanket By-Laws Coverage now up to $25,000
⪧ Contents Elsewhere up to $15,000
⪧ Contents in Transit up to $15,000
⪧ NEW!* Corrals and Fencing up to $10,000
⪧ Cost of Preparing Proof of Loss up to $5,000 should you suffer loss or damage to your insured Farm Property or Livestock
⪧ Cost of Restoring Farm Operations Records up to $5,000 (including Auditor's Fees)
⪧ Exhibition Coverage up to $5,000
⪧ Exterior Signs up to $5,000
⪧ INCREASED!* Extra Expense now up to $25,000
⪧ NEW!* Farm machinery equipment up to $10,000
⪧ INCREASED!* Farm Water System now up to $10,000
⪧ NEW!* Fuel and Fuel tanks up to $15,000
⪧ INCREASED!* Pollution Clean-up Coverage now up to $25,000
⪧ INCREASED!* Portable Farm Tools or Spare Parts up to 10% of the Farm Machinery Blanket Limit, and now to a maximum of $15,000
⪧ NEW!* Prairie and Forest Fire Fighting Expenses up to $100,000
⪧ INCREASED!* Private Power and Light Poles now up to $10,000
⪧ INCREASED!* Standing or Swathed Grain and Seed Crops now up to $10,000 for fire and lightning only
⪧ Standing Hay or Straw up to $5,000 for fire and lightning only
⪧ NEW!* Stored chemical, fertilizer up to $25,000
⪧ NEW!* Stored seed up to $25,000
⪧ NEW!* Veterinarian supplies up to $5,000
*Effective June 1, 2023
Subject to terms, conditions and exclusions of the policy.
NEW: "Minimum Livestock Clause"
Interested in reducing your livestock rate by 50%? Ask your Broker about opting for an alternative deductible option.
Contact your independent insurance broker for other eligibility and minimum insurance requirements.
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