What it does
FP 00 90 holds the provisions common to the farm property coverage forms. Its additional coverages include debris removal, reasonable repairs, damage to property removed for safekeeping, fire department service charge, collapse and pollutant clean up and removal. Its conditions cover abandonment, appraisal, duties after loss, insurance under two or more coverages, other insurance, recovered property, subrogation, liberalization, policy period, unoccupancy and vacancy, and similar terms. It also contains the definitions ("insured location", "livestock", "farm personal property" and others) used throughout the farm property forms. It is part of ISO's Farm Coverage Part, which combines the farm property coverage forms (FP 00 12, FP 00 13, FP 00 14), the causes of loss form (FP 10 60), the Other Farm Provisions form (FP 00 90), the inland marine-style farm forms (FP 00 30, FP 00 40) and farm liability (FL 00 20).
Who needs it
Every farm property policy; it is attached whenever FP 00 12, FP 00 13 or FP 00 14 is written.
Key provisions
- The unoccupancy and vacancy condition reduces the limit by 50% for a building unoccupied or vacant beyond 120 consecutive days (waived by FP 04 75).
- Debris removal and pollutant cleanup limits can be increased by FP 04 21 and FP 04 22.
Quoting and selling notes
Review the definitions with the insured, especially what counts as livestock and farm personal property and which premises are "insured locations". Ask about idle barns and houses; the vacancy reduction is a common surprise. Specimen wording reviewed is the 09 03 edition; carriers file the current edition shown here.
Related forms
FP 00 12, FP 00 13, FP 00 14, FP 10 60, FP 04 21, FP 04 22, FP 04 75.
