Don't leave everything to chance; keep yourself protected with an insurance
With the rise in popularity of local food systems, it’s more important than ever for farmers to be able to protect their assets. Your farm is home to your crops or livestock. Unfortunately, it is also a significant investment, and the risks are endless. Failing to protect your farm could result in lower yields or complete bankruptcy if disasters like floods, heavy rainstorms, or other natural calamities occur.
It takes a lot of specialized equipment to run a farm. The loss of an expensive piece of equipment or loss of several items at once may exceed the limits of a farm owner’s insurance policy.
Managing a farm with the constant risk of losing your animals is challenging.
When a disaster, such as a tornado, wildfire or flood strikes and the crops they depend on are devastated, crop insurance can reimburse them for the losses they face.
Farms that employ people should also look at workers compensation coverage.
It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options
If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.
Contact us today to help you with multiple options to choose from.