If you own and operate a farm, then you know how important insurance can be. Unfortunately, many people are under the impression that purchasing additional farm or ranch insurance simply isn’t necessary. However, farming is a touch and go business, and having sufficient coverage can help back you up should something occur.

Do I Need Farm Insurance?

Standard homeowners insurance won’t cover the needs of your farm, but if you’re unsure if you need farm insurance here are a few things to consider.

• Do you have additional structures? Additional structures such as barns, horse stables, sheds, or silos are able to be covered by farmers insurance. This can be dependent on income; for instance, if you don’t surpass the limit specified by your home insurance via the commercial use of these structures, then you won’t need farmers insurance. It’s important to keep all of this in mind so that you can get the coverage you need. If you need more info Continue reading “Do You Need Farm Insurance? Here’s What You Need To Know”