Farms above 1500 acres are likely above $5,000 per year. Farms over 500 acres are likely above $3,500 per year.
Farms from 100-500 acres likely fall above $2,500. Farms less than 100 acres are likely to fall under $2,500 per year. The price is determined by the amount of farm liability needed, the amount of farm equipment you have, and the limits of insurance on dwellings, farm buildings, and other coverages. What is the average cost to insure a farm? No schedule of individual items is needed on this type of policy. This means that we have one large limit of insurance that is intended to cover all tractors, implements, tools, and other equipment used on a farm. For example, we typically use farm blanket insurance on farm equipment. This would include coverage for farm liability, farm barns/structures, any owned dwellings (including owner occupied and rental dwellings), farm equipment, pollution liability, and livestock.įarm Blanket Insurance is an insurance policy where various items are covered under one limit of insurance. In this context, they are intended to cover the property and casualty portion of the said risk. No two farm insurance policies are the same. It is tailored to each individual operation.
#Hobby farm insurance in michigan free#
We invite you to learn about the Hitchings Insurance Agency difference yourself – fill out a free quote form or call us at 41 for your farm insurance quote.įarm insurance covers anything related to a farming operation. Learn why so many of your Ohio and Michigan neighbors trust Hitchings Insurance Agency to protect their farms. We’re there for you in good times and bad. Our service is friendly, personal, and highly responsive. Once we have a clear picture, we turn to our network of farm insurance companies and from an array of options, we select the ones that fit your singular circumstances and budget. You talk, we listen!Īt Hitchings Insurance, we take the time to listen to you, learn your unique needs, learn what you value, and learn what is important to you. These important coverages can help ensure that your assets are not drained by the cost of extended illness, disability, or the need for long-term care, and that those assets are protected in the event of death. Hitchings Insurance will also help you with important Employee Benefit coverages such as Personal or Group Health Insurance, Life Insurance, Key Person Insurance, Short-Term and Long-Term Disability Insurance, and Long-Term Care Insurance. Employee Benefit Plans and Legacy Planning There are other coverages available, depending on the nature and scope of your farming operation. We also offer other coverage options that might make sense for your farm: Crop Insurance, Livestock Insurance, Business Income Insurance, Personal and Commercial Vehicles Insurance, and Commercial Umbrella Insurance. If you have employees, you are required by law to carry Workers’ Compensation Insurance, which covers the cost of work-related injuries and temporary wage replacement. Farm Liability Coverage – protects against lawsuits related to third-party personal injury or property damage.The basic farm equipment insurance policies cover weather-related losses, collisions, theft, and vandalism. Your farm equipment – tractors, combines, spray coupes, implements and tools.Your farm buildings – machine sheds, tool shops, grain bins, grain legs, grain dryers, garages, and livestock barns.Your farmhouse – your home and property, with enough coverage to rebuild and replace.The right Ohio Farm Insurance policy protects against natural disaster, bad crop yields, equipment breakdowns, or any of the many variables that turn a good season bad. Farm Insurance helps ensure that challenges do not turn into catastrophes. We understand the importance of insurance – the right coverage can be vital to your legacy planning!įarming is a tough business! Farmers face risks, hazards, and challenges beyond their control. Our top priorities are earning your trust and building a long relationship. We provide all the advantages of a large national firm and all the personal service and attention that only a local neighborhood business can offer. We take care of you, your farm, your family, and your employees. We are a one-stop shop for all your Ohio Farm Insurance needs. Several Hitchings Insurance Agency staff members grew up on farms, and during our five decades in business, we’ve served local farms of all sizes from 80-acre family farms to 10,000-acre commercial operations.
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