Provides high limits of liability to protect an insured farmer against a
catastrophic liability loss. This policy grants liability coverage that stacks
on top of the primary liability coverage provided by the insured farmer's farmowners
policy, personal auto, and any other scheduled underlying liability policy.
It covers bodily injury (BI), property damage (PD), and personal injury (PI), which includes
offenses such as libel, slander, false arrest, and invasion of privacy. The
farm umbrella policy also fills some gaps in coverage over a specified deductible
(often called a retained limit) in the underlying policy. See also
Personal umbrella policy;
Umbrella liability policy.
Links for IRMI Online Subscribers Only: