What it does
AG 04 07 is the Spoilage Coverage endorsement for the Agricultural Capital Assets program, filed by ISO with a 07 21 edition.
Who needs it
Agricultural accounts with perishable products in refrigerated or controlled storage: dairies, fruit and vegetable packers, cold storage.
Quoting and selling notes
Ask about refrigeration, monitoring, backup power and product values.
Before presenting it
Ask the carrier for the specimen and review covered property, causes of loss, exclusions, valuation and deductibles with the insured before relying on this summary.
Program note
AAIS also uses the AG prefix for its separate Agricultural Output program (for example AG 01 00, AG 01 28 and AAIS state amendatory endorsements numbered AG 07 xx). Those AAIS forms are not ISO forms; check the form's copyright line to tell them apart.
