Scary Coverage Gaps That Haunt Montana Farms and Ranches
October brings shorter days, cooler temperatures, and the final push before winter sets in. But while most Montana producers are focused on harvest and prep work, there’s something else that deserves attention—coverage gaps that can quietly creep into farm and ranch insurance policies.
These unseen gaps can cause financial shocks when losses occur. Here are a few areas where surprises often lurk.
- Unlisted Equipment
That new ATV, side-by-side, or tractor attachment you added this summer might not be automatically covered under your existing policy. If it isn’t specifically listed, damage or theft could become an out-of-pocket expense. - Limited Liability Coverage
Many Montana farms open their gates to guests during fall—whether for hunting, family gatherings, or community events. If someone is injured on your property, your standard liability coverage may not fully protect you, especially if the activity is outside your normal farm operations. - Changing Operations
Farms and ranches evolve over time. Maybe you’ve added custom baling, grain hauling, or direct-to-consumer beef sales. If your insurance policy hasn’t kept up with your business model, you could have exposures that aren’t reflected in your coverage. - Outdated Policy Limits
Replacement costs for buildings, equipment, and supplies have risen significantly in recent years. If your policy hasn’t been reviewed or updated, it may not reflect current values—leaving you underinsured when it matters most.
Protect Your Operation from Hidden Risks
Farming and ranching in Montana already come with enough uncertainty—weather, markets, and equipment breakdowns are challenging enough without insurance gaps adding to the mix.
Take time this fall to review your policies and address potential vulnerabilities. A quick conversation now can prevent major losses later.
If you’d like help identifying potential gaps or updating your coverage, our team is here to help you stay protected through every season.