Farm Insurance Basics

Your farm could be your primary business or just a hobby. However, when losses occur, they affect the financial performance and may pose a backlash that could prove challenging to recover. This is why you need to consider farm insurance in Little Falls MN. Farm insurance rules vary from one state to the other, and Hanneken Insurance Agency Inc. understands what it takes to provide coverage that is in agreement with Little Falls, MN rules, and that is suitable for you.

The basics

Farm insurance coverage varies depending on customer’s needs. However, whether for small, medium or large farms, Hanneken Insurance Agency Inc. has what it takes. Some of the basic farm insurance policies are:

Liability insurance

The coverage protects you from liabilities arising from your farm and its operations. These include injuries to third parties and employees. The coverage also caters for lawsuit costs in case you are sued.

Farm property insurance

Depending on how you want to customize farm property insurance, it can cater for incidences such as fire, theft, hailstorms, floods and other accidents that can destroy farm property. Farm properties include buildings and their contents, machinery, livestock, crops, farm working dogs, and fences just to mention a few.

Business interruption coverage

At times, conditions necessary for the proper running of a farm are interrupted. This could be as a result of adverse weather or any other interruption. At such moments, losses are incurred, and business interruption coverage comes in handy to ensure that your financial position is not affected by the disruptions.

The basic point of getting a farm insurance coverage is to protect your farm, properties, and the business at large. As such, deciding what coverage best suits you could be challenging. This is why our team of skilled and experienced staff is here to help you understand various concepts and how they affect your coverage. Hanneken Insurance Agency Inc. ensures that you make a sound decision and get an optimal farm insurance coverage in Little Falls, MN. Contact us today or visit our site for more information to get started.

How Getting Healthier Can Save You Money

With the laws changing in regards to your requirements for healthcare insurance, you might wonder how to save yourself money. One way to save money on your health insurance policy from Hanneken Insurance Agency Inc. is to get healthier. Our Little Falls, MN insurance company provides incentives to save you money if you lead a healthy lifestyle.   

1. You Save Money on Co-Pays.

Your insurance policy stipulates the designated amounts you must pay for medications, doctor’s visits and other healthcare costs. If you’re not eating healthy, exercising and taking care of yourself, you’re more like to have serious chronic health problems, and you may have more frequent acute health concerns. Keep in mind, the worse your health problems become, the more medications, testing and treatment you’ll need, which adds to your health insurance expenses. 

2. Your Premiums Could Rise.

If you’re using your insurance excessively as a result of your unhealthy lifestyle, you could end up seeing a rate increase over time as a result of your habits. 

3. Weak Immune System 

Eating healthy ensures you get all the vitamins and minerals your body requires to run efficiently. The vitamins and minerals you consume could strengthen your immune system, which could ward off infections that could cause you to have to use your policy for a doctor’s visit as well as treatment. 

4. Opt for a Lower-Priced Policy.

If you don’t have to use your policy much, you can opt for the cheaper policy. However, if you have unhealthy habits that require you to take medications or have routine testing, you’re more than likely going to opt for a policy that covers your expenses more adequately. However, if you improve your health, you reduce your need for medications and other expenses that could require you to have a more expensive policy to cover the expenses. 

To get a quote for a health insurance policy to meet your needs, contact Hanneken Insurance Agency Inc., serving Little Falls, MN and the surrounding area, by calling 320-632-6592.