• Farm House
• Farm Land
• Barns
• Stables
• Pens and Sheds
• Confinement Buildings
• Other Buildings

Understanding Insurance for Pens and Sheds

Pens

To be covered on your farm or ranch insurance policy, pens as well as corrals, chutes and feed racks need to be listed on the policy. Most farm or ranch policies will not provide coverage for field and pasture fencing. But corrals and animal pens can be insured like other farm or ranch structures.

It is important to make sure the total value of corrals is listed in the policy. Keep in mind, if you insure only a portion of your fencing or pens (ex. you have $100,000 worth of fencing, but decide only to insure $10,000, or 10%, of it) and your fencing is damaged in a covered claim, your claim payment will be based on 10% of the loss. 

Sheds

Your farm policy can provide protection for damage to farm or ranch buildings and structures like your sheds. But, as with other structures, sheds must be listed on the policy to be covered.

Talk to your agent about whether you would reconstruct your shed or sheds in the event of a total loss. If not, you may choose not to insure them.

Coverage for your sheds and other farm or ranch structures includes:

• Water pumps and equipment including motors and outdoor equipment that pertain to and are used in the service of the shed, as well as;
• Furniture, fixtures, machinery and equipment that pertains to the operation of the shed while located on or in the shed or within 100 feet of the building.

Also talk to your agent about:

• Insuring your sheds or other buildings for Replacement Cost or Actual Cash Value
• The Causes of Loss (Basic, Broad or Special) you want to insure
• How much deductible you should carry. Higher deductibles may lower premiums. Depending on how much of a loss you are willing to pay yourself, you may be able to save on your insurance.
• Whether the building valuation is current

Our AgriChoice^® policy also provides coverage for collapse to a shed or other structures under certain conditions. The policy language provides the conditions and causes of loss for which a collapse would be covered.

If you construct a new shed or building during the policy term, consult with your agent to be sure you have it properly insured. AgriChoice provides $100,000 in coverage for new construction for 60 days beginning when building materials are delivered.