Commercial policy coverage options - Kentucky Farm Bureau

Commercial policy coverage options

Kentucky Farm Bureau Insurance's flexible commercial policy allows you to purchase insurance according to the unique needs and demands of your business. We can cover from one line of insurance up to several lines on a single policy. 

We offer the following cause of loss forms:

Basic cause of loss
Includes the following perils:

  • Fire
  • Lightning
  • Explosion
  • Windstorm or Hail
  • Smoke
  • Aircraft or vehicles
  • Riot or civil commotion
  • Vandalism
  • Sprinkler leakage
  • Sinkhole collapse
  • Volcanic action

Broad cause of loss
All basic cause of loss perils, plus:

  • Falling objects
  • Weight of snow, ice, or sleet
  • Water damage

Special cause of loss excluding theft

  • Risks of direct physical loss except as excluded or limited

Special cause of loss including theft

  • Risks of direct physical loss except as excluded or limited

Additional coverages

  • Debris removal
  • Preservation of property
  • Fire department service charge 
  • Pollutant Clean Up and Removal 
  • Increased cost of construction
  • Electronic data

Extensions of coverage
At least 80% coinsurance must apply.

Your business will automatically be provided the following extensions of coverage at no extra cost. These can save you money now and more importantly at the time a loss occurs.

  • Newly acquired or constructed property
  • Personal effects and property of others
  • Valuable papers and records (other than electronic data)
  • Property off-premises
  • Outdoor property
  • Non-owned detached trailers

Some optional property coverages

  • Replacement cost
  • Inflation guard
  • Business income
  • Extra expense
  • Earthquake
  • Spoilage
  • Peak season
  • Water back-up and sump overflow

Some optional crime coverages
(Available only if writing property coverages)

  • Employee theft
  • Forgery or alteration
  • Inside the premises - theft of money or securities
  • Inside the premises - robbery or safe burglary of other property
  • Outside the premises
  • Computer fraud
  • Funds transfer fraud
  • Money orders and counterfeit money 

Liability Coverages

  • Limits up to $3,000,000 per occurrence/$6,000,000 aggregate

This liability coverage protects your business against claims for which it becomes legally responsible that arise from bodily injury and property damage due to the use of the listed premises and all necessary or incidental operations throughout the coverage territory, including:

  • Personal and advertising injury liability
  • Medical payments 
  • Damage to premises rented to you

Exclusions and limitations apply

Some optional liability coverages

  • Products/completed operations
  • Hired and non-owned auto
  • Barber, beautician and nail care professional
  • Funeral directors professional
  • Veterinarians professional
  • Employee benefits liability
  • Medical payments higher limit

Some available inland marine coverages to meet your business needs

  • Accounts receivable
  • Contractors equipment
  • Installation coverage
  • Motor truck cargo
  • Signs
  • Small tools
  • Miscellaneous articles
  • Valuable papers

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