agricultural equipment insurance Definition | Business Dictionaries from AllBusiness.com

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Business Definition for: agricultural equipment insurance

agricultural equipment insurance

property damage coverage for mobile agricultural equipment and machinery, including harness, saddles, blankets, and liveries. Perils insured are fire, lightning, vandalism, malicious mischief, and removal. Additional perils can be added at extra charge. Excluded from coverage are crops, aircraft, watercraft, feed, hay, and grass. (Crops, aircraft, and watercraft can be covered under other types of insurance policies.)

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