Farming requires a great deal of time, patience, effort, and dedication in order to be successful. Also, of the utmost importance? Having the right equipment, which often involves a substantial investment.
As with any large investment, such as a home or a car, investing in the proper insurance policy for your farm equipment is a financial requirement that should always be top of mind. The practice includes several unpredictable risks, such as collision, theft, weather damage, or vandalism. However, many don’t realize equipment insurance is not typically included as a part of property insurance.