There was a time when farmers could repair their own equipment – all it took was a good set of tools and a little elbow grease. Repairing today’s high-tech machines requires special skills and can be expensive.
When you have a breakdown, the last thing you want to worry about is how you’ll pay for repairs.
Breakdowns mean loss of time, money, and potential profit. Sellable food gets spoiled, and you suffer the added expense of needing to repair or replace broken equipment. These breakdowns can present huge setbacks to farmers—and ones that most standard farm insurance policies don’t protect against.
Since most standard farm insurance policies don’t cover equipment and breakdowns, replacements must be paid out of pocket. As a farm owner or operator, Equipment Breakdown Coverage is your silent partner in protection – safeguarding against mechanical, electrical, and pressure system breakdowns.
Equipment Breakdown Coverage
- Emergency generators
- A/C units
- Business Interruption
- Service Interruption
Compressor Failure – The compressor of a cooler used to store vaccines for farm animals burned out. The vaccines spoiled. Total paid loss: $10,000*
Irrigation Pump – A switch panel to an irrigation pump shorted out. Total paid loss: $12,700*
Fire Tube Boiler – A small fire tube boiler froze and cracked. Rental equipment was needed to keep the business operational. Total paid loss: $4,650
* Amounts paid in losses depend on coverage, loss amounts, deductibles, and other factors. Amounts listed are for illustration purposes only.
Our AFIS-certified farm specialists understand your challenges, share your values, and can tailor a policy to meet the specific needs of your farm or operation. If you have any questions, don’t hesitate to reach out to us.