A defective machine can interrupt the entire production process, incurring additional costs difficult to manage for farmers. Insuring agricultural machinery and inventory is one of ways to protect investments in agriculture.
Special policies for agricultural machinery and equipment cover a wide range of risks, from road accidents and theft, up to damage caused by natural phenomena, fires or explosions. Depending on the conditions Farmers may also opt for special risks or coverage civil liability for damages caused to third parties by the insured equipment.