A farmer can have a sizable financial investment in hay stored for feed. This is relatively inexpensive to insure. Grass fires do occur through the summer months and often the hay bales will be engulfed.

An annual review is strongly recommended for a farm. There are changes going on all the time. Farmers can be adding equipment, amending operations, setting up new buildings or changing the use a building. Most farms now are mixed operations with some cash generating sideline such as a market garden, tree farm, custom farming or space rentals.

Keeping your coverage up-to-date will ensure that you are adequately covered when you do have a loss but also ensure that you are not paying for what you do not need. Why pay more for your farm insurance when you do not have to?