Farming and ranching is huge in America. Farmers and ranchers need an extensive insurance portfolio to cover numerous assets. Most farm and ranch operations require a basic policy covering the following:
- Farm house and contents
- Detached garages and other buildings
- Farm and ranch buildings
- Personal property
- Liability Protection
- Machinery and equipment
Coverage levels are determined by the kind of farm or ranch operation you have. Things to be considered are equipment breakdown for equipment built into outbuildings and rental reimbursement on farm machinery and equipment, cab glass repair or replacement, damage to combines, damage that could occur during hitching or towing, damage to farm equipment that falls onto the ground or the roadbed, coverage of global positioning equipment for some causes of loss, fire extinguisher recharge costs, coverage for borrowed farm equipment, a plan in place to help protect you from frivolous animal cruelty claims, and more. In addition you will need to select the level of coverage that is right for your operation as pertains to your home and its contents, and other dwellings on the property and the farm structures. As pertains to equipment, livestock, and other personal property used in your operation, your policy will determine your coverage in accord with which causes of loss apply. To find the right insurance company and structure your farm or ranch portfolio contact an independent broker at CompareAQuote by calling the number at the bottom of this page.
Farm Insurance Companies
Because there are numerous farm insurance companies, it is difficult to choose which company is right for you without access to several companies at once. It could take you hours and hours of your valuable time to determine which company will best serve the needs of your particular farm or ranch. For this reason it is wise to sit down with a broker who can give you several different options by obtaining multiple quotes for you to choose from. Other forms of insurance you should consider include life insurance, accident insurance, accidental death insurance, major disability insurance, and other forms of insurance to protect you and your family should an accident befall you and either cause you to be unable to work or cause your untimely death. An independent broker with Compare Insurance Quality will be invaluable in helping you navigate the vast insurance policy you will need to protect your operation. It is possible you might want to consider an umbrella policy as an extra layer of protection over everything you own and your operation.