Why Choose Nationwide Agricultural Equipment Insurance?

Agricultural equipment insurance is a crucial investment for any farmer who relies on machinery to ensure the success of their operations.

We understand that agricultural machinery represents one of the largest financial investments in a farming operation, making it essential to ensure that these assets are adequately protected.

In this article, we will delve into how Nationwide Agricultural Equipment Insurance provides the right coverage to protect your assets and keep your operation running smoothly.

Coverage for Tractors and Agricultural Machinery

Tractors, harvesters, planters, and other essential agricultural equipment are often the most valuable assets on a farm.

When it comes to protection, Nationwide Agricultural Equipment Insurance offers personalized coverage to ensure that these machines are protected from a range of specific risks.

Covered risks include:

• Fire and explosion: Despite all precautions, incidents involving fire can occur. The insurance covers damage to machinery caused by fire, explosions, or similar causes.
• Floods and storms: Unpredictable weather can severely damage equipment. Insurance provides protection against floods and storms.
• Vandalism and theft: Unfortunately, equipment theft is a reality in some rural areas, and damage due to vandalism is also covered.

How does the coverage work? The policy can be adjusted to include specific equipment like tractors and harvesters or can be bundled to cover all agricultural machinery up to a certain value.

This offers flexibility and can be tailored to the specific needs of each farm.

Coverage for Damages During Transportation

Another crucial aspect covered by Nationwide Agricultural Equipment Insurance is the transportation of machinery, whether within your property or while moving between farms.

Often, equipment like tractors and sprayers need to be transported, and the risk of damage during transportation is high.

The transportation damage coverage protects farmers against:

• Collisions during transport
• Equipment damage due to overturning or road accidents
• Damage caused by trailer or hitch failures

Step-by-step to obtain this coverage:

1. Evaluate transportation risks: Review with your insurance agent all situations where equipment will be transported.
2. Choose the right policy: If transportation is frequent in your operations, make sure this coverage is explicitly included in your policy.
3. Check the covered values: Ensure the value of your equipment is adequately registered and covered in case of transportation-related damage.

Insurance for Rented or Borrowed Equipment

In many cases, farmers rent or borrow equipment for specific planting or harvest periods. Nationwide Agricultural Equipment Insurance also covers this type of machinery, ensuring that even if the equipment isn’t owned by the farmer, it is still protected.

This type of insurance covers:

• Rented equipment from third parties for temporary use
• Borrowed equipment from other farmers

This is particularly important when working with leasing or loan agreements, as damage to this equipment could result in significant financial losses.

Protection Against Cabin Glass Breakage

Tractor and harvester cabins are designed to withstand various external factors, but even so, glass breakage can happen, whether from debris, falling branches, or even accidents in the field.

Nationwide provides specific coverage for cabin glass breakage, with no deductible, making it easier and more affordable to repair or replace glass without incurring unexpected costs for the farmer.

Damage Caused by Foreign Objects

A common risk in agricultural operations is damage caused by foreign objects that can be thrown at high speeds during harvesting or soil preparation.

Rocks, tools left in the field, and other debris can cause serious damage to agricultural equipment.

The foreign object damage coverage ensures that:

• Combines and harvesters are protected from internal damage caused by these debris.
• Tractors and planters also receive coverage, preventing high repair costs.

This additional protection ensures that, in the event of such an accident, necessary repairs won’t represent a significant expense.

Coverage for Loss of Revenue Due to Interruptions

One of the biggest concerns for any farmer is the loss of revenue caused by operational interruptions. If essential equipment breaks down and can’t be repaired quickly, it can result in large financial losses.

Nationwide offers coverage for loss of revenue due to interruptions, meaning that:

• You will be compensated for lost revenue during the period when the equipment is unusable.
• It covers the cost of renting replacement equipment, if necessary.

This financial protection is essential to ensure that your farm continues to operate, even during unforeseen downtime.

Coverage for Portable Agricultural Equipment

In addition to large machinery, farms and ranches often use smaller, portable equipment, such as irrigation tools, portable fencing, and GPS units. While smaller, these items are essential to the success of agricultural operations.

Nationwide’s coverage for portable agricultural equipment includes:

• Tools and supplies used in various areas of the farm
• Portable irrigation equipment and GPS units
• Wires, fences, and other mobile structures

This coverage ensures that even smaller but equally important items are protected against damage, theft, or other incidents.

The Nationwide Agricultural Equipment Insurance offers a comprehensive and customizable solution to protect your agricultural machinery.

From large tractors and harvesters to small portable tools, Nationwide provides coverage for a wide range of risks specific to agricultural operations.

By choosing this policy, you can rest assured that your most valuable assets are protected, allowing you to focus on what you do best: managing your farm efficiently and productively.

If you’re interested in learning more about how to protect your agricultural equipment with a Nationwide policy, contact a specialized agent to receive personalized advice and start securing the future of your farming operation.