farm scene

An important part of a farm or ranch policy is the protection it offers for damage to farm or ranch buildings and structures. These buildings must be listed on the policy to be covered.

In addition to barns, stables, pens, confinement buildings and sheds, other outbuildings include cold storage structures, rice dryers, nut hullers, packing houses, prune dehydrators and potato storage sheds, for example.

Coverage for farm buildings includes:

  • Water pumps, motors and other outdoor equipment used for the operation of the building
  • Furniture, fixtures, machinery and equipment — pertaining to the use of the building — located in, on or within 100 feet of the building

Also talk to an agent about:

  • Insuring farm buildings for replacement cost or actual cash value
  • The causes of loss (broad, basic or special) for which you want to insure
  • How much deductible to carry. A higher deductible may lower premiums, but the policyholder would have to pay more in the event of a loss.
  • The current values of farm buildings

Under certain conditions, AgriChoice may also provide coverage for collapse of farm buildings.

Extended coverage for new farm buildings

If a new barn, shelter or other confinement building is added to the operation, AgriChoice extends coverage of up to $100,000 for 60 days (beginning when the building materials are delivered) or until the next renewal date. When the policy is about to renew, discuss the values of any new structures with your agent to be sure you’re properly insured.

Don’t forget the fixtures

The AgriChoice policy provides coverage for equipment breakdown and mechanical failure of fixtures or systems built into farm buildings. Be sure the agent is aware of the values of all fixtures, systems and equipment associated with your barns or other structures.

Nationwide has been protecting agriculture for nearly 100 years, including commercial agribusinesses. For more information, contact a local Nationwide agent or go online.

Farm and ranch products are not available in: Alaska, Florida, Hawaii, Louisiana, Massachusetts, New Jersey and Oklahoma. Products underwritten by Nationwide Agribusiness Insurance Company, Farmland Mutual Insurance Company, Allied Property and Casualty Insurance Company and AMCO Insurance Company. Products and discounts not available to all persons in all states. Nationwide, the Nationwide N and Eagle and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2019 Nationwide.

Photo: istockphoto.com

Labor has always been an issue, mainly because we are a seasonal operation. So that's a challenge finding somebody who only wants to work three months out of a year, sometimes up to six months.
Mandy Way's avatar
Mandy Way

Way Farms

Farm Labor Resources
I appreciate the benefit of having a strong voice in my corner. The extras that are included in membership are wonderful, but I'm a member because of the positive impact to my local and state agricultural communities.
Ernie Welch's avatar
Ernie Welch

Van Wert County Farm Bureau

Strong communities
I see the value and need to be engaged in the community I live in, to be a part of the decision-making process and to volunteer with organizations that help make our community better.
Matt Aultman's avatar
Matt Aultman

Darke County Farm Bureau

Leadership development
Farm Bureau involvement has taught me how to grow my professional and leadership experience outside of the workforce and how to do that in a community-centric way.
Jaclyn De Candio's avatar
Jaclyn De Candio

Clark County Farm Bureau

Young Ag Professionals program
With not growing up on a farm, I’d say I was a late bloomer to agriculture. I feel so fortunate that I found the agriculture industry. There are so many opportunities for growth.
Jenna Gregorich's avatar
Jenna Gregorich

Coshocton County Farm Bureau

Growing our Generation
Knowing that horticulture is under the agriculture umbrella and having Farm Bureau supporting horticulture like it does the rest of ag is very important.
Jared Hughes's avatar
Jared Hughes

Groovy Plants Ranch

Groovy Plants Ranch
If it wasn't for Farm Bureau, I personally, along with many others, would not have had the opportunity to meet with our representatives face to face in Washington.
Austin Heil's avatar
Austin Heil

Hardin County Farm Bureau

Washington, D.C. Leadership Experience
So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
Mary Smallsreed's avatar
Mary Smallsreed

Trumbull County Farm Bureau

Advocacy
Suggested Tags: