Farm Insurance - Heavy Machinery cover

Thinking about getting a farm insurance policy that covers heavy machinery? Read on for some helpful information and advice.

Farm Insurance
Because there are so many aspects of running a farming business that fall outside your control (such as the weather), it is important to have a good insurance policy. Standard farm insurance policies offer overall coverage for your farm. This includes property, vehicles, machinery and contents.

Heavy Machinery Cover
Heavy Machinery insurance covers loss or damage to your heavy machinery as a result of farm work. Cover often includes new for old replacement of machinery. Most policies also provide protection against fire and theft to your own machine and liability for damage caused to other people’s property. Machinery covered includes agricultural vehicles such as tractors and quad bikes, dairy and milking machines, and harvesting and fruit picking machines. Cover is also provided in the event that your machinery breaks down and causes a disruption to your business.

Shop around
Like many other insurance plans farm insurance premiums can differ significantly between insurers. Because of this it is often worthwhile to shop around to get the best deal. It is recommended to get quotes from as many insurance companies as possible and compare the premiums and level of cover they offer.