Business Income and Extra Expense – No Waiting Period
If you can’t operate your business because your property or equipment is damaged, we’ll help cover your costs, up to $50,000.
Changes in or Extremes of Temperature or Humidity
Plants need the perfect conditions to thrive. We’ll pay for the loss of or damage to perishable goods affected by heat, cold, or humidity. The limit is up to $5,000.
Valentine’s Day, Mother’s Day, spring, and more — as your inventory increases with the season, the limit of your business personal property increases 25% during that time.
Debit, Credit, or Charge Card Forgery
Losses from forged debit, credit, or charged cards used in your business are covered, up to $5,000, with no deductible.
Newly Acquired or Constructed Property
Building or buying a new structure for your growing business? We’ll cover $100,000 for greenhouses, and $500,000 for other structures and related personal property (not including crops), for a limited period of time.
Property in Custody of Salespersons
If your employees or salespersons are using materials for a demonstration, your coverage limit is $5,000, with a $250 deductible.
Property Off-Premises and in Transit
Coverage applies to your plants, equipment, and other materials even when you’re not on your own property (for example, when it’s being transported or displayed off-site). The limit is $25,000, with a $250 deductible.
The information on this page is made available for educational purposes only. The information referred to is not an official company statement, corporate policy, or offer of coverage. Refer to your insurance policy for specific coverage. There is no representation as to the accuracy or completeness of any information found by following any link on this site. Please contact your local independent insurance agent with further questions and for more details on any insurance policy-related information you read here.
Hastings Mutual Insurance Company
404 E. Woodlawn Ave.
Hastings, MI 49058
8:00 a.m. - 4:30 p.m. (EST)