AAIS Irrigation Equipment Coverage
April 12, 2010
Coverage and Provisions
Summary: American Association of Insurance Services, Inc. (AAIS) has developed a form, Irrigation Equipment Coverage, IM 7302 10 09, that can be used to cover the insured's irrigation equipment and irrigation equipment of others in the insured's care, custody, or control. Irrigation equipment is equipment used to irrigate crops, including pumps and attached pipes. To be covered, the equipment must be described on the equipment schedule, IM 7307 10 09, Schedule Of Coverages – Irrigation Equipment Coverage.
Topics covered: Property covered/not covered Coverage extensions Supplemental coverages Covered/excluded perils Duties in the event of loss Valuation Loss settlement Other conditions Definitions
|Property Covered/Not Covered
The IM 7302 covers direct physical loss caused by a covered peril to the insured's irrigation equipment and others' irrigation equipment in the insured's care, custody, or control. The policy does not cover watercraft; aircraft; contraband; property the insured leases, loans, or rents to others; automobiles, tractors, motor trucks, trailers, or other vehicles designed for highway use; or property while waterborne unless in transit in the custody of a carrier for hire.
This premium content is locked for FC&S Coverage Interpretation Subscribers
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
- Quality content from industry experts with over 60 years insurance experience, combined
- Customizable alerts of changes in relevant policies and trends
- Search and navigate Q&As to find answers to your specific questions
- Filter by article, discussion, analysis and more to find the exact information you’re looking for
- Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected]