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CCFB News» December 2020

5 Questions Farmers should Answer Annually

12/07/2020 @ 9:45 am | By Valerie Hawkins, Country Financial

Your farm operation changes frequently. And when you make updates on your farm, you also need to update your insurance coverage.


But, as a farmer, do you really have time to do one more thing … like think about insurance? At COUNTRY Financial®, we get it. That’s why our reps meet with our farm and crop clients regularly and ask these five questions, to make sure their protection is up to date.


1. Did you buy any new farm equipment?

You may change farm equipment frequently. Maybe you purchased a new planter, and you need to add it to your policy. Or you sold off a combine, and you no longer need coverage for it.

Make sure your farm equipment inventory matches what’s on your policy, so you’re covered come claim-time, or to save you from paying unnecessary premium dollars.


2. Have you built or knocked down any farm buildings?

You may make updates to outbuildings on your farm, like grain bins, barns, machine sheds, and stables. If you build, remodel, or tear down any of these structures, make sure those changes are reflected on your policy.


3. Are you growing a new crop?

Diversifying crops is common among today’s farmers. If you add a new crop to your operation, make sure you update your crop coverage. And new crops might also mean new equipment (see #1).


4. Have there been any changes to your livestock?

Your livestock may vary each month. Have you sold or purchased a large quantity, or gained or lost a few due to breeding or death?


Whether your policy covers your livestock individually or as a herd, make sure your coverage matches your current animal inventory.


5. Have you purchased any new farm vehicles?

A common coverage gap for farmers is on farm vehicles. These items are not covered on farm insurance policies, so they need separate auto and auto liability coverage. This type of coverage can be complicated and is often overlooked. To learn more, check out these six FAQs about farm vehicle coverage.


Learn more about COUNTRY Financial farm and crop insurance or find a local rep at

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