State Farm Insurance License Practice Exam

Which of the following is included under Coverage B in a farm policy?

1. Household personal property

2. Other structures non-farming

3. Scheduled farm personal property

4. Medical payments to others

The correct answer is: Other structures non-farming

Coverage B in a farm policy typically encompasses coverage for other structures that are not used for farming purposes. This often includes structures such as sheds, detached garages, or other buildings that may be present on the property but are not directly related to agricultural activities. The importance of this coverage lies in protecting the investment in these structures against potential risks such as fire, vandalism, or severe weather. Household personal property is usually covered under a separate section of a homeowners or personal property policy, and scheduled farm personal property pertains specifically to fire and theft coverage for farm equipment and tools, which may fall under different coverage provisions. Medical payments to others typically relate to liability coverage, which is distinct from property coverage and focuses on medical expenses for injuries sustained by individuals on the insured's property, rather than insuring physical structures. Understanding the scope of Coverage B helps ensure that non-farming structures on a farm are adequately protected, contributing to a comprehensive risk management approach for your farm policy.