Tips For Choosing Farm Insurance
Looking for new farm insurance? Make sure you know what you're looking for. Farmers insurance is a critical component of protecting your farm. Failure to choose the right policy leaves you vulnerable to a number of different risks. Here are just some of the factors to keep in mind along your search.
Animal Collision Protection
Don't forget to investigate animal collision coverage. Some farmers will focus solely on injuries sustained due to the declining health of their livestock, such as a disease. While a great place to begin, this isn't the only thing that can affect livestock. For example, an animal that wanders off the farm and gets hit by a vehicle might not be covered under the traditional parameters of the policy, but with animal collision coverage, this incident would offer coverage.
This policy component is basically meant to cover the accidental injuries that an animal might sustain, which is very important since the unexpected can happen at any time.
When the average person thinks about farm insurance, they consider their entire property and everything on it to be automatically covered. Keep in mind that this is not always the case. This is particularly the case when it comes to fencing. Fencing is not always covered in a traditional property and needs to be added on in the form of fencing coverage over time.
For a larger property or one with an expensive electric or automated fence, this is an especially important addition when you consider just how expensive the cost of replacing the fence can reach. Make sure you are including your fencing as part of your insurance policy to ensure you're protected.
Commercial Crop Coverage
Make sure you have commercial crop coverage. If you are growing crops for the purpose of feeding yourself, your livestock, or some other non-commercial purpose, these crops are generally automatically covered under a standard policy. However, if you are growing the crops for commercial purposes, this is not always the case.
It's a good idea to add commercial crop coverage to your farm insurance policy. In the event you sustain significant damage to your crops and are unable to generate income from it, this coverage component can kick in and help you in your time of need.
When choosing a new policy, don't overlook the importance of relying on a professional agent like http://www.wrg-ins.com/. An agent can take into account your needs to ensure you are equipped with a policy that is best suited to protect you and your assets.