Contractors Package Coverage Summary - Indiana …

1 CPP CP 1000(S) (05/15) Page 1 Contractors Package Coverage Summary The Indiana Farmers Contractors Package is specifically designed to enhance the protection provided by the Commercial Property, Commercial General Liability, and Commercial Inland Marine policies. The following coverages are included: Contractors Property Enhancement Endorsement (CPR 1002) Coverage Limit Accounts Receivable Coverage Up to $25,000 Coverage included Arson and Burglary Reward Coverage Up to $5,000 of Coverage Back-Up of Sewers and Drains Coverage Up to $25,000 Coverage included Business Income and Extra Expense Coverage Up to $25,000 of Coverage included for loss of business income and extra expense Business Personal Property Off-Premises $25,000 in the care, custody, or control of your salespersons $25,000 at any fair, exhibition, or trade show $25,000 in transit, temporarily at a location you do not own, lease, or operate or in storage at a location you lease, provided the lease was executed after the beginning of the current policy term Computer Coverage Up to $25,000 Coverage , including mechanical breakdown A $5.

2 000 sublimit applies to laptop computers and their software while away from premises Debris Removal Limit increased from $10,000 to $25,000 Employee Dishonesty Coverage Up to $10,000 Coverage included Fine Arts Coverage Up to $25,000 Coverage included Fire Department Service Charge Limit increased from $1,000 to $5,000 Fire Extinguisher Recharge Coverage Up to $5,000 per occurrence Lock Replacement Coverage Up to $1,000 per occurrence with no deductible Money and Securities Coverage Included for up to $10,000 inside and $5,000 outside Newly Acquired Business Personal Property Limit increased from $100,000 to $250,000 and time limitation increased from 30 days to 90 days Newly Acquired or Constructed Buildings Limit increased from $250,000 to $500,000 and time limitation increased from 30 days to 90 days Ordinance or Law Coverage Up to $25,000 Coverage included for loss in value of the undamaged portion of the insured building Up to $25,000 Coverage included for the cost to demolish and remove debris of undamaged parts of insured property caused by enforcement of building, zoning, or land use laws These coverages are in addition to any specific insurance provided for Ordinance or Law Coverage Outdoor Property Limit increased from $1,000 to $10,000 Limit for any one tree, shrub, or plant increased from $250 to $500 Outdoor Signs Attached to Buildings Are insured as part of the building Outdoor Signs Not Attached to Buildings Up to $10,000 of Coverage included Personal Effects and Property of Others Limit increased from $2,500 to $25.

3 000 Pollutant Clean-Up and Removal Limit increased from $10,000 to $25,000 at each described premises Refrigerated Products Coverage Up to $10,000 Coverage included Utility Services Direct Damage Up to $25,000 per occurrence Valuable Papers and Records Limit increased from $2,500 to $25,000 CPP CP 1000(S) (05/15) Page 2 Contractors Liability Enhancement Endorsement (CGL 1001) Coverage Limit Additional Insureds Automatic Coverage if the insured has agreed in a written contract or agreement to provide additional insured status for ongoing operations and completed operations; the insurance provided to the additional insured applies on either a primary basis or primary and noncontributory basis when required by written contract or agreement Broadened Coverage for Damage to Rented Premises Coverage for property damage to rented premises included with a minimum limit of $300,000.

4 And Coverage provided for named perils Broadened Medical Expense Limits Limit increased to $10,000 per person Broadened Notice of Occurrence Knowledge by an employee or volunteer worker of an occurrence that could result in a claim is not necessarily considered to be known by the named insured Broadened Supplementary Payments Up to $1,000 for bail bonds and up to $500 per day for loss of earnings General Aggregate Limit Applies per location and per project Newly Acquired Entities Coverage included for up to 180 days Voluntary Property Damage Coverage Included up to $10,000 per occurrence with a $250 deductible; $30,000 annual aggregate limit Waiver of Subrogation Automatic waiver of subrogation if the insured has agreed in a written agreement or contract Watercraft Liability Coverage included for non-owned watercraft up to 51 feet in length Contractors Inland Marine Enhancement Endorsement (CIM 1001)

5 Coverage Limit Contractors Equipment Coverage As identified on the Contractors Equipment Schedule Employee Tools Up to $7,500 of Coverage Fire Department Service Charges Up to $1,000 for fire department service charges that relate to covered property at jobsites Installation Coverage $10,000 blanket limit per jobsite included Rental Reimbursement Up to $7,500 reimbursement for expenses incurred to rent equipment while your equipment is inoperable 24-hour waiting period included Reward for Recovery of Stolen Equipment Up to $1,000 of Coverage Storage Locations Up to $10,000 for materials, supplies, machinery, fixtures, and equipment that will become a permanent part your installation or construction project while in storage Testing Up to $10,000 for loss to covered property that results from testing. Transit Up to $10,000 for materials, supplies, machinery, fixtures, and equipment that will become a permanent part your installation or construction project while in transit Complete details of Coverage and limitations are included in each individual endorsement.

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