Whether you run a traditional family operated farm, a hobby farm, or a corporate farm, ensuring that your property is adequately protected is an absolute must. Farms are a major investment, and insurance coverage will go a long way in protecting the many structures that may be used on these properties.
Why Farmowners Insurance is Necessary
Whether you raise cattle or grow corn, running a farm requires a lot of work — and money. There are many factors that you can’t control, such as the weather, which can affect your yield and profits. Particularly during lean periods, the last thing you want is for a natural disaster to cause extensive, costly damage to your farm residence or other structures. Insurance provides much-needed protection so that such events don’t result in significant financial hardship.
What Type of Farm Coverage is Available?
Pike Mutual’s farmowners program includes coverage for principal farm residences (including owner-occupied mobile homes), as well as personal property, farm personal property, and farm structures and buildings. Farm personal liability is also included to protect you from lawsuits related to injuries or other incidents that could take place on your farm. By offering customized insurance policies, you can get the right level of coverage based on your preferences and the needs of your property.
If your farm property needs insurance coverage — or if you are interested in exploring your options — contact a Pike Mutual agent today. With a people-first approach, our agents will help you get the right level of coverage so that your farm has the protection it needs.