INSURANCE AGENCY NETWORK Blog
Owning a farm can be a heavy responsibility since you'll be managing many things ranging from crop production to livestock. Being familiar with farm insurance will let you know what it covers and how it'll come in handy in your personal and commercial endeavors. It'll save you from worries knowing that you won't have to pay for every piece of equipment that could malfunction.
Pays for Damaged Machinery
Even farmers rely heavily now on equipment to maximize crop production. These machines typically cost hundreds of thousands of dollars, and purchasing one can be a process. Yet, despite proper management, accidents could still happen. Farm insurance could help reduce the price when replacing equipment.
Covers Diseased Livestock
Segregating a diseased animal from the group can't always happen immediately. In some cases, farm animals could escape from the area or get shot out of nowhere. Farm insurance generally provides support when an animal considered an asset dies due to an illness or an accident.
Insures Stored Farm Items
Some crops could be insured if you've bought them as food for your farm animals. After all, these are essential for the health of the animals. Seeds that haven't been planted yet could also be covered in case of fire or a natural disaster.
Provides Medical and Legal Assistance
Farming is a hands-on job that could sometimes put the worker at risk, especially when using new equipment or managing farm animals. On the other hand, livestock that has escaped could cause serious accidents that would require compensation. With farm insurance, you'll be able to receive medical care and legal assistance.
Uncovered Areas of Farm Insurance
Regardless of acre size, the insurance won't cover fences on your farm if they get damaged. It's also possible that companies won't insure machinery if they have had poor maintenance. Farms without clear pavement and adequate water will likely be excluded from the insurance.
The Closing Statement
Some farm insurance properties cover well-maintained equipment, the sudden death of livestock, and stored crops, while medical and legal care is also available. However, location and maintenance should be considered when using farm insurance.
At Insurance Agency Network, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (425) 448-9190. Get your free quote today by CLICKING HERE. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!