Rural Mutual Insurance Company's Town and Village Insurance Package combines three critical components for complete coverage: Property, Income and Extra Expense, and Liability.
Property insurance covers buildings, contents, vehicles and portable equipment for their replacement value. In the event of property damage due to a covered claim, this protection ensures replacement of the property at today's replacement cost, subject to policy limits and exclusions. Additional coverages include:
- Flood & Earthquake
- Equipment Breakdown
- Newly Acquired Property
- Commandeered Property
- Fire Extinguishing Recharge Costs
- Employee Dishonesty
- Personal Effects
- Specified Outdoor Property
- Uninsured and Underinsured Motorist
Business Income and Extra Expense insurance covers loss of income and extra expenses incurred during a "period of restoration" due to a covered claim. With this coverage, a town can recover lost income, continue operation at a temporary location, and meet rent and ordinary payroll expenses for up to one year.
Additional coverages include:
- Business Income from Dependent Properties
- Action of Civil Authority
Liability insurance covers a town’s, or fire departments, legal responsibility for harm it may cause to others. This includes bodily injury, personal injury and property damage in the event that a town or fire department is responsible for injury or damages. Additional coverages include:
- Liquor Liability
- Injunctive Relief
- Employee Benefit Liability
- Employment Practices Liability
- Firefighter’s Professional Liability
If you have any questions or concerns, please contact us.
