What it does
FP 05 30 applies to the Farm Coverage Part. Part I adds the virus or bacteria exclusion to all property coverage. Part II limits coverage for "fungi", wet rot and dry rot to an annual aggregate ($15,000 unless a higher limit is shown).
Who needs it
Used by carriers on farm property other than dwellings; FP 05 31 is the version for dwellings and household property.
Quoting and selling notes
Explain the fungi sublimit for barns and storage with moisture problems. Wording reviewed: 03 08 edition.
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.
