Driving in North Dakota comes with its own set of risks-icy highways on I-94, rural roads where deer crossings are common, and hailstorms that can leave vehicles badly damaged. At Bowerman Insurance Agency, we provide auto insurance in Steele, ND and Bismarck that keeps you protected on every trip. As an independent insurance agency, we shop multiple carriers to find the right balance of coverage and cost for your needs.
Farm Equipment & Machinery Insurance
Keep Tractors and Combines Working, and Working for You
Your machines are your livelihood. Farm equipment insurance in helps pay for losses from fire, theft, rollover, storms, and collisions-on the yard or in the fields. Bowerman Insurance Agency can help provide the coverage needed so it doesn’t derail planting or harvest.
From Tractors to Precision Ag
We cover tractors, combines, headers, sprayers, swathers, balers, planters, grain carts, and utility ATVs/UTVs used for farm work. Precision ag equipment (GPS monitors, receivers, controllers) can be included as scheduled items with appropriate limits.
Scheduled Values and Blanket Coverage
Each machine is listed with an insured value (replacement cost may be available on newer units). Coverage follows your equipment across fields and roads, we can help with the coverage you need.
Farm Blanket (Unscheduled Farm Personal Property)
When selecting property insurance for your farm or ranch, there are usually two options to protect your farm/ranch personal property: scheduled or blanket coverage.
Blanket coverage provides protection for farm personal property losses up to the total blanket limit as stated in your policy. Blanket coverage is typically used to insure groups of equipment such as machinery, tools, feed, fertilizers, and even office equipment to run the business. The farm blanket is considered the whole inventory, not just one piece of equipment.
Blanket coverage is typically subject to insurance to value or co-insurance provision.
Scheduled Coverage
Scheduled coverage is typically used to cover higher-valued items. In addition, if there are any items for which you want specific coverage limits, scheduled coverage may be more appropriate, and the deductible can be lower than the policy deductible.
Each scheduled item requires a description and a coverage amount. For machinery, this might mean listing the make, model, year and serial number and the amount this item should be insured for.
Scheduled coverage typically pays up to the value of the item of personal property listed on the schedule of the insurance policy. Keep in mind that if the values on the property schedule are not current, you could be significantly underinsured in the event of a major loss.
The value of certain types of farm commodities such as grain, can fluctuate due to inventory size or market prices, so it’s a good idea to review these numbers throughout the year to ensure you have the appropriate amount of coverage.
Inland Marine
Another option is an Inland Marine Policy. The advantage of Inland Marine coverage is it is usually the most liberal coverage available for your equipment in the sense that it covers the most causes of loss. Inland Marine Insurance is written using a lot of underwriter discretion and rates can vary greatly between companies.
No Surprises During Busy Season
Leased or borrowed equipment can often be added; borrowing equipment with no money exchanged is often included. Many policies include short grace periods for newly acquired machines; report purchases quickly so coverage remains seamless, and lenders receive proof.
Optional Endorsements Available
- Comprehensive Machinery Coverage
- Mobile Farm Equipment (Forklifts, Bulldozers, etc.)
- Farm Extra Expense
- GPS System
- Custom Farming
- Irrigation Systems
- Recreational Vehicles
- Equipment Breakdown
- Non-Depreciation of Repairs
Answers for North Dakota Operators
Is my lender going to require coverage?
Yes-most do. We'll issue evidence of insurance promptly.
If I crash on the road, is the damage covered?
Damage to the machine falls under the equipment policy.
Are trailers covered here?
Implements can be scheduled; road trailers may belong on auto-ask us to place them correctly.
Does coverage apply off my farm premises?
Yes-this follows your machinery across public roads and fields.