PRMA Agriculture Program
PRMA Agriculture Program
Specialized property coverage for agricultural operations—structured for scale and built for certainty
Agricultural operations carry unique property risks, ranging from weather-driven losses and business interruption to specialized equipment failures and supply chain disruptions. Insureds operating in this sector need coverage that’s both comprehensive and competitively positioned.
Through the Property Risk Management Association (PRMA), Amwins offers a tailored Agriculture Program that brings robust property capacity and specialized terms to the agricultural marketplace. Backed by multiple A.M. Best A- through A+ rated carriers, this all-risk program offers retail partners access to meaningful limit structures and powerful sublimits that address the nuances of modern agribusiness.
Program Highlights:
- All risk manuscript form
- All real and personal property
- Actual loss sustained as respects loss of income including a 365-day extended period of indemnity.
- Building ordinance including contingent liability; demolition and increased cost of construction
- No coinsurance
- Replacement cost if repaired or replaced
- Can provide Flood & Earthquake sublimits, subject to modeling
- Equipment Breakdown is Included
Program Qualifications and Details:
- Agricultural operations with TIV greater than $25M
- Businesses with adequate replacement cost valuations
- Operations requiring inspection of key property locations
- $250 PRMA membership fee
- $2,500 minimum inspection fee
- Non-admitted, A-rated carrier placement
Major Exclusions
- Stock (live animals)
- Mobile equipment
Accessing PRMA
PRMA is accessible exclusively via Amwins brokers. To access this product, contact your current Amwins property broker or one of the contacts below.
Submission Requirements
- Statement of value including COPE
- Currently valued loss runs (five years preferred)
- Detailed explanation of all claims, specifying gross loss vs. net of deductible amounts
- Current loss control report and responses to recommendations made by previous surveyors
- Thermal scans for electrical and other major equipment (if available)
- Site map of insured locations
- Business income worksheet
- Inspection contacts for key location(s)
- All prospective accounts must undergo inspection to validate submitted data
