(Agricultural Capital Assets Program)
ISO's Agri-CAP® (Agricultural Capital Assets Program) is an output policy providing broad coverages and pricing flexibility for medium-sized and large farms and agricultural-related businesses, including:
Here's what you get
With your Agri-CAP participation, you'll also receive ISO's Agri-CAP Premium Calculator software to help you rate accounts that you quote under the program. The software lets you document your pricing rationale. And it allows multiple users to store account information on a LAN. Home office staff can perform quality reviews on each account's documentation and pricing.
You can write Agri-CAP as a monoline policy or package it together with other ISO products, such as general liability or commercial automobile, in a commercial package policy. Agri-CAP coverages include property, inland marine, business income, and crime. The program also includes built-in coverages commonly offered as add-on options. And our deficiency-point method for developing the policy premium lets you apply appropriate underwriting judgment — similar to that used in the nonfiled inland marine business — and tailor the price of the policy to the exposures of each account.
Agri-CAP provides automatic-increase coverage for buildings, business personal property, and household personal property. The program includes many optional endorsements — such as coverage for livestock and poultry — to amend coverage and/or limits of insurance.
ISO's Agricultural Capital Assets Program basic coverage form includes all the following key coverages:
For more information . . .