Some farmers in high-risk flood areas may be able to insure their farmhouses under the new Flood Re scheme. The scheme has been set up jointly by the Government and the insurance sector to help those whose homes are at greater risk of flood damage. Homeowners will be able to insure their properties as normal … Continue reading Good News For Farmhouses In Flood-Risk Areas
Tag: insurance
There’s never been a more important time for farmers to review their farm security as well as their insurance cover. NFU Mutual have recently announced that rural crime in the UK rose by over 5% in 2013, costing the country as a whole around £44.5 million. The most worrying trend is the rise in sheep … Continue reading The Increasing Importance of Farm Security
No matter what type of business you run, you will have assets. Farm businesses may have stock, land, crops, machinery, a farmhouse. It is prudent to insure these assets to be confident that you that you are fully covered in the event of an unfortunate incident. Given the amount of assets anyone may insure and … Continue reading Accounting For Insurance Payouts