What it does
FP 05 05 is filed by ISO as Agritainment – Property. It is the property-side companion to Agritainment – Liability (FL 05 01) for farms that host the public for recreational or educational activities.
Who needs it
Farms with corn mazes, pumpkin patches, hayrides, petting zoos, farm stands with events or pick-your-own operations.
Quoting and selling notes
Ask for a list of activities, structures and equipment used for agritainment, seasonal values and attendance. Coordinate with the liability endorsement.
Before presenting it
Ask the carrier for the specimen and read it with the farm coverage form it modifies before explaining it to the insured.
How it fits the farm policy
A farm program endorsement changes only the coverage forms named in its "this endorsement modifies" list. Everything else in the Farm Coverage Part keeps working as written: the FP 00 90 additional coverages, conditions and definitions, the causes of loss selected from FP 10 60, and the farm liability forms. When presenting a quote, list each farm endorsement with its schedule entries (insured location, building or item, limit, deductible) so the insured can see exactly where the base coverage was broadened or narrowed.
