FIRE/VANDALISM/THEFT/MALICIOUS MISCHIEF/CERTAIN PERILS WHILE IN TRANSIT
While crops are in the field or in transit they shall be covered for the following perils without additional premium:
Vandalism and Malicious Mischief
Payment shall be made on the insured value not to exceed the actual cash value.
Transit losses will be covered within a 100 mile radius.
Must be in your care and custody.
Vandalism losses and malicious mischief losses must be a minimum of $50 in order for payment to be made.
If 5 acres are destroyed due to fire, the following loss payment would occur:
5 acres x $200 (insured value per acre) = $1,000 payment
Insured value cannot exceed the actual cash value. If it does, Farmers Mutual Hail pays the actual cash value of the crop on the date of loss.