Farm Insurance - Milton, TN
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What Insurance Do You Need When Starting a Farm?
Agriculture provides a huge source of opportunity to farmers and their employees. If you plan on starting an enterprise, you will need the right resources and a lot of hard work. One important resource is insurance. Insurance can help protect your investment in case of an accident or natural disaster, but not all farm insurance policies are created equal....
What to Insure on Your Farm
The U.S. Department of Agriculture’s census estimated that there were over two million farms in the United States in 2012. Farms covered 915 million acres. American agriculture generates food, raw materials and livestock that help drive our economy. Farming is a massive industry....
How Much Does It Cost to Insure a Farm?
The cost of farm insurance varies on several different factors from your farm’s location and size to coverage limits and policy types. As an estimate, farm equipment may be insured around $15 for $1,000 in value. For example, say your combine is worth $380,000. This means it would cost approximately $5,700 to insure....
Preventing Visitor Liability Risks on Your Farm
Besides agricultural production, farmers may use their land as a hospitality business. They may rent their land for weddings, or allow school groups to visit during the harvest season. Yet, whenever guests visit a property, they pose risks that could affect the farm’s owner....
Does Farm Insurance Cover Cattle?
Having living creatures under insurance is a unique requirement for many farms. If your farm primarily makes money from animals and cattle, you could face heavy financial loss if something happened to your livestock. Without the appropriate insurance, you could face replacing your livestock and cattle out of pocket, which can be incredibly expensive....
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