Section 380.261 - Kinds of insurance company may makeA company operating under the provisions of sections 380.201 to 380.591 may make any one or more of the following kinds of insurance as defined subject to the provisions of this law:
(1)Fire: Insurance against loss or damage to property including loss of rents, use and occupancy caused by (a) fire, smoke, smudge, lightning or other electrical disturbance, (b) collision with falling or moving bodies or vehicles, (c) riot, civil commotion and explosion whether fire ensues or not except explosion of steam boilers and the breaking of flywheels, (d) water entering through leaks or openings in buildings, or the bursting, breakage or leakage of sprinklers, pumps, water pipes, plumbing and all tanks, apparatus, conduits or containers designed to bring water into buildings or for its storage or utilization therein, or caused by the falling of a tank, tank platform or supports or against loss or damage from any cause to sprinklers, pumps, water pipes, plumbing, tanks, apparatus, conduits or containers, (e) death of or injury to livestock, (f) any or all risks of transportation including inland marine risks, (g) aircraft, vehicles, overturn or collision of farm machinery, theft, vandalism, malicious mischief and riot attending a strike;(2)Windstorm: Insurance against loss or damage except to growing crops including loss of rents, use and occupancy and miscellaneous or consequential damage caused directly or indirectly by windstorm, cyclone, tornado, tempest, hail, frost, snow, ice, sleet, earthquake, flood, rain, drouth or other weather or climatic conditions, including excess or deficiency of moisture, rising of the waters of the ocean or its tributaries;(3)Liability: Insurance against loss, or damage for which a member becomes legally liable to pay because of death or bodily injury to other persons and because of damage to or destruction of property of other persons, including loss of its use; additionally, medical payment coverage as provided in the standard homeowners policy;(4)Crops: Insurance against loss or damage to growing crops and loss of rental value of land used in producing such crops or products caused by (a) windstorm, cyclone, tornado, tempest, hail, frost, snow, ice, sleet, fire, lightning or transportation; (b) earthquake, flood, rain, drouth or other weather or climatic conditions, including excess or deficiency of moisture, rising of the waters of the ocean or its tributaries, insects, vermin, disease, and any other hazard not prohibited by law to crop insurance;(5)Other: Insurance permitted to be written under the provisions of subdivision (1) of subsection 1 of section 379.010; automobile insurance including medical payments coverage as a part thereof; insurance against personal injury, disablement, or death, resulting from traveling or general accident on land or water; to insure the fidelity of persons holding places of public and private trust; and also to receive on deposit and insure the safekeeping of books, papers, moneys, stocks, bonds and all other kinds of personal property.L. 1984 H.B. 1498, A.L. 1989 S.B. 250