Introduction
Farm and ranch insurance is coverage for the basics and more for your farm and crops. This coverage is customized according to your needs. Since every ranch is unique, proper insurance coverage for one ranch is not necessarily proper coverage for another ranch. There is, however, a guideline of what is covered and what is not covered, which includes the following:
Farm Machinery and Equipment
This is coverage for damage or financial loss of the farm equipment and machinery that occurred from perils. This could be cotton pickers, tractors, field equipment, combines, hay rakers, and more.
Livestock
This is a broad array of livestock coverage that is injured or killed from a covered, common peril. Other coverage is also available for a broader array of perils that may occur to farm animals, such as animals struck by a vehicle or train or accidentally shot.
Farm Products
Farm and crop insurance also cover grain, seed, feed, and similar products. However, these items are only covered while stored. Grain, feed, or other crops that are grown on the property are not covered.
Farm Liability Coverage
This insurance is similar to standard home insurance. However, due to the risks at hand, it is not available in every farm insurance policy. This liability protection covers medical expenses, bodily injury, and property damage. It also covers attorney fees for covered incidents.
Things Not Covered by Farm and Crop Insurance
Few other things may not be covered in addition to items already mentioned. For instance, fencing is not automatically covered. There are also some discrepancies relating to fires and fencing that homeowners should know.
Contact Knippenberg Insurance Inc.
For more information about farm and crop insurance coverage, contact Knippenberg Insurance Inc. today. Located at Cumberland, MD, Knippenberg Insurance Inc. has provided top-notch insurance products for decades in Cumberland, MD, and surrounding areas. You will be in good hands with our team, so contact us today.
