What Does Farm Equipment Insurance Protect Against?
Farm equipment insurance shields against various risks that can harm or cause losses to agricultural machinery and equipment. Although policies may differ, they typically safeguard against common causes of loss.
Collision Coverage
This covers damage resulting from collisions with other objects or vehicles, including accidents during transportation or operation.
Vandalism Coverage
Protection against intentional damage or destruction of farm equipment, providing financial relief from malicious actions.
Theft Coverage
Ensures compensation if machinery is stolen, covering various equipment types such as tractors and harvesters.
Hail Coverage
Hail can cause significant harm to farm machinery, leading to costly disruptions. With hail coverage, farmers ensure their equipment is protected, sustaining uninterrupted farming activities.
Wind Coverage
Farm equipment insurance often includes wind coverage, safeguarding against wind-related damage like toppled or damaged equipment.
Lightning Coverage
Lightning strikes can cause extensive damage to your farm machinery, including electrical systems and components. Lightning coverage addresses the costs of repairing or replacing equipment that has been damaged due to lightning.
Fire Coverage
Fire coverage protects your farm equipment in case of a fire. It covers the costs of repairing or replacing equipment that has been damaged or destroyed by fire, whether due to electrical failures.
It’s important to note that individual policies may vary to cater to specific needs and circumstances. However, these key elements are generally covered, forming a robust foundation for comprehensive farm equipment insurance.
Safeguarding Your Farm’s Future with MMI Insurance
Farm equipment insurance is essential for protecting farmers’ investments, serving as a vital shield against various risks such as collisions, vandalism, theft, hail, wind, fire, and lightning.
As the backbone of agricultural operations, this insurance provides comprehensive protection for machinery and equipment, safeguarding farmers’ financial assets.
Farm machinery insurance from MMI Insurance offers tailored protection, ensuring your equipment remains resilient to unforeseen risks.
Call 866-222-6996 to get in touch with the experts at MMI Insurance and start protecting the future of your farm.
Coverage is subject to policy wording, terms, conditions, and deductibles. Protection is limited to the perils, coverage, exclusions, and limits shown on the policy.