Farm Equipment Insurance in Michigan — Tractors, Combines & More
A modern combine can cost $500,000. A tractor $200,000. When your equipment is damaged, stolen, or destroyed, agreed-value farm equipment insurance ensures you can get back to work.
What Is Farm Equipment Insurance?
Farm equipment is often the largest capital investment on a Michigan farm outside of the land itself. And yet many farm families carry outdated equipment schedules, actual cash value coverage that will pay far less than replacement cost, or no equipment coverage at all. Knight Family Agency works with Foremost Insurance to build dedicated farm equipment policies for West Michigan operations — with agreed value coverage, accurate equipment schedules, and coverage that actually works when you need it.
Knight Family Agency serves West Michigan with Farmers Insurance products tailored to Michigan families and businesses.
What's Included
Row-crop tractors, utility tractors, compact tractors — all sizes and makes covered at agreed values you set upfront with your agent.
Your most valuable field machine. Scheduled agreed-value coverage ensures a fire, rollover, or theft pays what you need to replace it — not a depreciated figure.
Planters, grain drills, and air seeders — including precision ag components and row-unit upgrades that add significant value.
Discs, field cultivators, chisel plows, vertical tillage tools, and subsoilers covered as part of your equipment schedule.
Self-propelled and pull-type sprayers, including tanks, booms, GPS guidance, and rate controllers.
Mowers, tedders, rakes, balers (round and square), wrappers, and forage harvesters are all schedulable.
GPS receivers, auto-steer systems, yield monitors, variable-rate controllers, and field mapping equipment are covered when properly scheduled.
Grain carts, augers, belt conveyors, and portable handling equipment that moves your crop from field to bin.
Farm-use vehicles and equipment trailers operated on your property and public roads (as farm vehicles) — covered separately from personal auto.
Who Needs This Coverage
If your equipment schedule adds up to more than $50,000, the coverage gap between a homeowners policy and a proper farm equipment policy is significant.
Modern tractors and combines carry values that make proper agreed-value scheduling essential.
If your combine does custom harvesting for neighbors, a breakdown or loss affects not just your farm but your income from other operations.
GPS systems, yield monitors, and auto-steer can add $50,000+ to a single tractor or combine — make sure they're included in your equipment schedule.
Equipment bought without being added to the policy is uninsured. An annual equipment review ensures nothing is missing from your schedule.
Equipment moved between fields, stored at a neighboring property, or hauled to a dealer for service needs coverage that follows it.
Frequently Asked Questions
Insure Your Farm Equipment at the Right Value
Get a free farm equipment insurance quote from Knight Family Agency — West Michigan's farm insurance experts.