With the cost-price squeeze in agriculture being worse than ever, farmers need to watch every rand in order to make a reasonable profit. So, while one could probably insure anything for its true value by paying a high enough premium, doing so might not be wise. What, in your opinion, should a farmer be insuring?
It's 100% correct to note that anything can be insured if you're prepared to part with enough money. But as a farmer you need to take a step back and decide whether an insurance quote is a fair reflection of the risk and whether it makes sense for you and your farm.
No two farming businesses are alike. Mechanisation, seed, management, and input costs are just some of the things that
