Our existing broker has been trying his best and found a company that provided farm insurance but did not cover livestock to the values that we would require. Alpacas are worth a lot more than most sheep and cattle. While he has finally found some additional coverage the cost is very prohibitive.
Most other companies we have contacted will not provide us with insurance because our home is a custom loghome which scares everyone away.
While I do not mind paying a little more for the loghome insurance policy it should still be offered so that you can get the other coverages required. And of course everybody wants to have all the coverages under one house. You cant get livestock insurance unless you have farm insurance with the same company. We have one more company we are waiting on who said that they can cover us but we want to see the price. Their livestock insurance is half the price of what our current guy is providing.
Like many, I find the insurance business a racket that we have to use but the public does seem to have any rights or ways to fight back. Our existing company that does cover the house won't cover us any longer because we have become a farm. The operations in the house have not changed so why does the home policy have to change. Why can we not get farm coverage that covers only the liability and fire/theft/act of god coverage that we need and leave the house policy alone. Other companies have said they will not insure alpacas cause they do not recognize them as livestock. What else are alpacas but domesticated fleece bearing livestock. Some insurance inspectors say our fireplaces are fine, some do not. Note: I have had only one hurricane related claim in the 10+ years I have had home insurance so that is not an issue either.
Buying insurance is becoming worse than buying a car (my other least favorite thing to shop for).
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