FARM MACHINERY:  Has always been insured on an individual basis, having it listed on the policy at a value including depreciation.  Basic cause of loss applies, but all risk coverage can apply if requested at a slightly higher premium.  Farm Blanket coverage can also be used where all the equipment, hay, livestock and shop items are combined as one total.  The blanket coverage allows changes to happen and still have coverage without immediately reporting the change to the agent.  It is very helpful during the busy times of the farming cycle.  Please contact us if we can help you with coverage on your farm machinery.

ALL RISK COVERAGE:  This coverage can exclude only risks that have been specifically outlined in the policy.  "All-Risk" means that any risk that the policy does not specifically omit, is automatically covered.

EXAMPLES OF EQUIPMENT FOR ALL RISK COVERAGE:

COMBINES

CORN HEADS

PLATFORM HEADS

 TRACTORS

BALERS

BLANKET COVERAGE:  This is designed to insure one blanket amount, for all the farm personal property, usual or incidental to the operation of the farm, that is not listed under "All-Risk" coverage.  The policyholder agrees to carry insurance equal to at least 80% of the actual cash value of all the farm personal property, if not, they will bear their proportionate share of any loss sustained.

EXAMPLES OF EQUIPMENT FOR BLANKET COVERAGE:

TRACTORS

BALERS

PLANTERS

AUGERS

DISCS

GRAIN CARTS

LIVESTOCK

HAY

SHOP ITEMS

PEAK SEASON COVERAGE:  If the inventory fluctuates greatly during the year, the Peak Season provision should be used.  This provision provides for higher limits of liability for the period of year when the inventory is considerably higher.  The provision must show the period of time the increased amount of insurance is to be effective, not exceeding nine months.

EXAMPLES OF ITEMS FOR PEAK SEASON COVERAGE:

GRAIN

SEED

FERTILIZER

HAY