jordanh
Bronze Member
I'm taking about an acre of my ground and putting in a fruit orchard of apples and peaches and nectarines. Hopefully in 3-5 years it will become productive and I will start reaping some return on the investment and ultimately a profit.
My main sticking point at this time is finding good insurance coverage for a reasonable price for this venture. State Farm is my homeowners and wants to convert it to a farm policy to cover the tractor, equipment, and out buildings. It will also cover any eventual fruit picked and stored.
Premium went up $400 a year....yikes. Plus WILL NOT underwrite a U-Pick operation....Period. That is a real good marketing tool around here that I can't utilize if I want insurance.
I can't find any coverage for the trees themselves. And no crop insurance until they are 5 years old generally....and that is JUST the crop not the trees themselves.
Any orchardists out there found good coverage that included the trees themselves that is not horribly expensive??
I am about the scrap the whole dang idear.
My main sticking point at this time is finding good insurance coverage for a reasonable price for this venture. State Farm is my homeowners and wants to convert it to a farm policy to cover the tractor, equipment, and out buildings. It will also cover any eventual fruit picked and stored.
Premium went up $400 a year....yikes. Plus WILL NOT underwrite a U-Pick operation....Period. That is a real good marketing tool around here that I can't utilize if I want insurance.
I can't find any coverage for the trees themselves. And no crop insurance until they are 5 years old generally....and that is JUST the crop not the trees themselves.
Any orchardists out there found good coverage that included the trees themselves that is not horribly expensive??
I am about the scrap the whole dang idear.