Farmers have all kinds of elements of their property that need protection, including their specialized equipment. Farm equipment can be damaged or lost due to numerous different perils and could be expensive and inconvenient to repair or replace on your own. That’s why getting set up with the right farm equipment insurance is so important.

Fortunately, a Kentucky independent insurance agent can help you find the right type of farm equipment insurance to protect your personal equipment and meet the needs of your unique farm. But before we get too far ahead of ourselves, here’s a closer look at this essential coverage.

What Is Farm Equipment Insurance?

Farm equipment insurance is a separate policy that can be added onto your basic farm insurance, or bought by itself. Coverage is designed for listed items that may be excluded from other forms of insurance, or that have high enough values to require additional coverage. Only specifically listed items will be covered by the policy, so it’s important to make an extensive list with the help of your Kentucky independent insurance agent.

What If You Only Want Certain Items to Be Covered under Farm Equipment Insurance?

Well, then a farm equipment policy is automatically right for you, since only listed items will be covered, anyway. That’s what makes these policies ideal if you only have a few pieces of equipment that need coverage, though they can also work for a huge load of equipment. If you need assistance determining which pieces of equipment should be listed on your policy, your Kentucky independent insurance agent can help.

What Does Farm Equipment Insurance Cover in Kentucky?

From rakes to tractors and beyond, equipment of all kinds needs to be covered against a whole host of threats. Farms in Kentucky are no exception. Here are some of the major perils farm equipment insurance guards against in Kentucky:

Your Kentucky independent insurance agent will help you find a farm equipment insurance policy that covers all areas of concern for your personal farm.

What Doesn't Farm Equipment Insurance Cover in Kentucky?

According to insurance expert Jeffery Green, not all basic farm equipment policies will come with the same set of exclusions. You’ll need to double-check your own policy with the help of your Kentucky independent insurance agent, but a few common examples of farm equipment coverage exclusions are:

If you want additional coverage for your farm equipment, your Kentucky independent insurance agent can help you find flood coverage, equipment breakdown coverage, and more.

Common Farm Equipment Coverage Claims in Kentucky

To further gauge the importance of farm equipment insurance, it’s helpful to know some of the most common farm equipment claims in Kentucky. Check out some of the most common farm equipment disasters below and judge for yourself.

Top Farm Equipment Claims

1. Animal damage
2. Glass breakage
3. Windstorm damage
4. Lightning and hail damage
5. Fire damage

A Kentucky independent insurance agent can explain even more common claims for farm equipment, and further help convince you of the necessity of this coverage.

Common Types of Equipment to Cover for Farms in Kentucky

There are many different types of equipment that can be covered under farm equipment insurance in Kentucky, and here are just a few of the most common examples:

Talk to a Kentucky independent insurance agent about covering any of these types of equipment that you may own, as well as others not included on this list.

How Much Does Farm Equipment Insurance Cost in Kentucky?

While it’s tough to provide an exact estimate, we can tell you that several factors influence the cost of a farm equipment policy in Kentucky. Some of the most common aspects that determine the cost include:

Your Kentucky independent insurance agent can help you find exact quotes and rates for farm equipment coverage in your area, as well as be on the lookout for any qualifying discounts for you.

Here’s How a Kentucky Independent Insurance Agent Can Help

When it comes to protecting farmers and their equipment against risks like natural disasters, fire, and all other perils, no one’s better equipped to help than an independent insurance agent. Kentucky independent insurance agents search through multiple carriers to find providers who specialize in farm equipment insurance, deliver quotes from a number of different sources, and help you walk through them all to find the best blend of coverage and cost.