Terrafirma covers legal costs for both the enforcement and defence of fee owned land and conservation easements, including costs for lawsuits and mediation. This coverage applies if the land trust launches or is named in a lawsuit.
Terrafirma does not cover property damage, which should be covered by property insurance.
The Terrafirma policy has 37 exclusions. It also has specific conditions related to land trust mergers, the division of fee land or conservation easements and co-holder coverage. (51)
51. Terrafirma, Coverage