Kyhayman - I have a friend who had a pole barn fire - total loss including some equipment and lots of hay. He had it insured for 1/2 the value of the building (according to the insurance company) so they paid him 1/2 of what he had it insured for.
In other words, using fictional numbers: $10,000 worth of insurance on a building appraised at $20,000 - he received $5,000.
Something to check on. It was a good lesson for me. My insurance agent assures me that I do NOT have that type of coverage.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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