INLAND MARINE SECTION - North Star Mutual Insurance Company

INLAND MARINE SECTIONTABLE OF CONTENTSITEMNSIM PAGEAll Terrain Vehicles (See Recreational Motor Vehicles) .Antiques .Appraisals.Bailees Customers .Cold Storage Locker Plants .Dry Cleaners and Launderers .Miscellaneous Bailee Form .Bicycles .Boats and Motors (See Watercraft) .Business Band, Citizens Band, and FM Band Radios and Towers .Camcorders (See Camera and Photographic Equipment) .Camera and Photographic Equipment .Camper Trailers .Campers .Pick-up Toppers.Pull-Type Travel Trailers .Cellular Phones (See Computer Equipment – Personal & Electronic Devices) .Coins (See Stamps and Coins) .Cold Storage Locker (See Bailees Customers) .Computer Equipment - Business .Business Computer Systems .Farm GPS/Crop Monitors/Autosteer.Lap Top Computers .Computer Equipment (Personal & Electronic Devices)Home Computers.Lap Top Computers .All Other Electronic Devices .Construction Types (See Fine Arts) .Contractors, Service and Appliance Dealers .Contractors Equipment – Scheduled Tools And Equipment .Contractors Equipment – Unscheduled Tools And Equipment .Customer's Property .Property for Installation .Property Out on Approval .Crop Monitors (See Computer Equipment (Business Computer Systems) .Dish Antennas .Dry Cleaners & Launderers (See Bailees Customers) .Electronic Devices (See Computer Equipment – Personal & Electronic Devices) .Farm Machinery .Fine Arts and Collectibles .Baseball, Football or Other Card Collections .Books and Collectibles .Fine Arts .Toy Farm Equipment, Model Train or Doll Collections .Fire Protection Definitions (See Fine Arts) .Fish Houses .Furs .Garden Tractors and Equipment .General Underwriting Rules .Golf Carts (See Recreational Motor Vehicles) .IA, MN, NE, ND, SD, WINorth Star Mutual Ins. 66666778113-14New Business 04-01-21Renewals04-01-21

INLAND MARINE SECTIONTABLE OF CONTENTS CONTINUEDITEMNSIM PAGEGolfers’ Equipment .GPS (See Computer Equipment – Business) .Guns .Hearing Aids and Eyeglasses .Horse Tack and Equipment.Introduction.Irrigation Equipment .Jewelry .Livestock .Livestock/Horse and Utility Trailers .Medical Equipment .Motor Truck Cargo .Musical Instruments .Office and Business Machines .Pets .Photographic Equipment (See Camera and Photographic Equipment) .Portable Tools .Radios (See Business Band, Citizens Band, and FM Band Radios and Towers) .Recreational Motor Vehicles .Satellite Antennas (See Dish Antennas) .Seed Corn Dealers .Sewing and Embroidery Equipment .Silverware.Snowmobiles (See Recreational Motor Vehicles) .Sports and Fishing Equipment .Decoys or Archery Equipment .Skis, Scuba Diving Equipment, Rods and Reels, Tackle Boxes .Stamps and Coins .Stereo, CD’s, T.V. and VCR Equipment .TrailersSee Camper Trailers.See Livestock/Horse and Utility Trailers .See Recreational Motor Vehicles .See Watercraft .Trip Transit .Valuation .Video Cameras (See Camera and Photographic Equipment) .Watercraft .Boats, Motors, Paddle Boats .Docks or Boat Lifts.Fish Locators .Personal Watercraft (Wet Bikes, Jet Skis, etc.) .Trailers .Whole Dollar Premium Rule .IA, MN, NE, ND, SD, WINorth Star Mutual Ins. 616161731113-141817131818181818181New Business 04-01-21Renewals04-01-21

INTRODUCTIONMany people have Inland Marine exposures that are often overlooked. North Star Mutual prides itself on the widerange of Inland Marine coverages that we offer. When we have good supporting coverage, such as a Homeowners,Farm or Commercial policy, we will make every effort to handle your insured’s Inland Marine exposures.We have designed this Inland Marine section to give you the greatest amount of information possible on the mostcommon classes of Inland Marine business with regard to rates, rules, and coverages. However, there are timeswhen Inland Marine coverage is desired on items that are not listed in this Inland Marine section. When this situationarises, please contact us at the Home Office for eligibility and rates.North Star Mutual uses forms and rates filed by the American Association of Insurance Services. However, manyInland Marine Classes are not filed and do not have standard rates. The rates we will use on unusual risks or nonfiled lines will be based on the exposure, value, deductible and coverage desired on the particular risk.Most Inland Marine coverages can be endorsed to policies such as Homeowners, Mobile Homeowners, CDO’s,Farm and Commercial policies. Agents are urged to endorse Inland Marine coverages to an existing policy whereat all possible.WHOLE DOLLAR PREMIUM RULEThe premium for each “exposure” (each premium shown separately on the policy or endorsement) shall be roundedto the nearest whole dollar for each coverage. A premium of 0.50 or more shall be rounded to the next higherwhole dollar. This procedure also applies to all interim premium adjustments.APPRAISALSWhere appraisals are required or suggested, it is important that a reputable firm or individual who is knowledgeablein that particular field be contacted to make such a valuation on property to be insured. The insured is responsiblefor any fees which are charged for the appraisal. When a particular form requires an appraisal, the appraisal mustbe attached to the application.VALUATIONInland Marine coverage is written on an Actual Cash Value basis and all items should be insured at full Actual CashValue. Non-Depreciation of Repairs is available as an option for Recreational Motor Vehicles and Watercraft.Replacement Cost Coverage is also available as an option for certain classes of Inland Marine. Refer to HomeOffice Inland Marine Underwriting for acceptability, rating and valuation if Replacement Cost coverage is desired.GENERAL UNDERWRITING RULES1. A signed application must be submitted for every risk with all underwriting questions answered.2. A complete description of the property to be insured must be attached to the application.3. Because many of the forms have very broad coverage, the agent is asked to guard against the moral hazardon every application submitted.4. Where necessary or suggested, an appraisal by a qualified party should be made. This protects the insured byhis/her having the proper insurance amount and it provides the company with a detailed description andvaluation of the property.5. All items should be insured at full actual cash value. Many forms have a co-insurance clause which couldpenalize the insured in the event of a loss.6. Where deductibles are available, the agent should suggest that the applicant make use of them.7. We must have or pick up good supporting coverage within 1 year on most Inland Marine categories. Bysupporting coverage we mean the insured’s home, farm or business.IA, MN, NE, ND, SD, WINorth Star Mutual Ins. Co.NSIM - 1New Business 01-01-18Renewals01-01-18

ANTIQUES - IM-901Coverage:“Special Form” subject to certain exclusions.Rate: 1.00 per 100.00 of coverageDeductible: 50.00Minimum Written Premium:Underwriting:1.2.3.4.5.6.Separate Policy:Endorsement to Policy: 75.00 20.00All items must be scheduled and specifically described.An appraisal or recent sales slip is required for items valued at 1,500.00 or more.Do not bind if total schedule exceeds 10,000.00. Submit for prior approval.Antique dealers are not acceptable.For Antique Furniture in use - apply 75% of the Antiques rate.Written only with good supporting coverage.BAILEES CUSTOMERSPurpose:To insure property of others in the care, custody and control of the insured on the describedpremises. Prospects usually include dry cleaners, laundries, cold storage locker plants, shoe repair,taxidermists and many other repair or service businesses.Coverage:Fire; lightning; explosion; collision, derailment, or overturn of a transporting land vehicle; theft;windstorm; hail; aircraft; vehicle damage; and other perils.Rates:Dry Cleaners and Launderers - NS-443 - use 100% coinsurance fire and extended coveragerates for contents, plus a 0.50 loading per 100.00.Cold Storage Locker Plants - NS-445 - use 100% coinsurance fire and extended coverage ratesfor contents, plus a 0.20 loading per 100.00. Multiply this rate by the amount of insurance perlocker times the number of lockers.Miscellaneous Bailee Form - NS-439 - use 100% coinsurance fire and extended coverage ratesfor contents, plus a 0.40 loading per 100.Deductible: 100.00Minimum Written Premium:Underwriting:Separate Policy:Endorsement to Policy: 100.00 20.001. Only written on a non-reporting basis.2. Front and rear doors should have deadlocks, either single or double cylinder. Rear doors wouldnot have to have a deadlock if they have a bar across the inside or a sliding bolt that cannot bemoved except from the inside. Rear windows should have bars across the inside.3. Where values are high, some form of burglary protection may be required.4. For additional coverages and specific information on coverages refer to the Home Office.5. Written only with good supporting coverage.BICYCLES - NS-175Coverage:“Special Form” subject to certain exclusions.Rates and Deductibles:Rates per 100.00 of coverage 25 Deductible 9.00Minimum Written Premium:Underwriting:1.2.3.4.5.6. 50 Deductible 8.10Separate Policy:Endorsement to Policy: 100 Deductible 7.65 250 Deductible 7.20 75.00 20.00All items must be scheduled.An appraisal or bill of sale is required for items valued in excess of 500.00.Bicycle dealers are not acceptable.Motorized bicycles, mopeds or any other motor powered vehicles are not eligible for coverage.Insureds are encouraged to have identifying numbers engraved on bicycles and register those.Written only with good supporting coverage.IA, MN, NE, ND, SD, WINorth Star Mutual Ins. Co.NSIM - 2New Business 04-01-20Renewals04-01-20

BUSINESS BAND, CITIZENS BAND, FM BAND RADIOS & TOWERS - NS-220Coverage:“Special Form” subject to certain exclusions.Rates and Deductibles:Rates per 100.00 of coverage 50 Deductible 3.00Minimum Written Premium:Underwriting:1.2.3.4. 100 Deductible 2.50Separate Policy:Endorsement to Policy: 75.00 20.00Complete description including serial number must be submitted.Base, mobile units and antennas are also eligible.Radar Detectors (Fuzz Busters) are not acceptable.Written only with good supporting coverage.CAMERA AND PHOTOGRAPHIC EQUIPMENT - NS-175(Also Video Cameras and Camcorders)Coverage:“Special Form” subject to certain exclusions.Rates and Deductibles:Rates Per 100.00 of coverageNo Deductible 1.802.50

North Star Mutual uses forms and rates filed by the American Association of Insurance Services. However, many Inland Marine Classes are not filed and do not have standard rates. The rates we will use on unusual risks or non-filed lines will be based on the exposure, value, deductible and coverage desired on the particular risk.