Murray Utah Insurance

Farm and Ranch Insurance

Farm and Ranch are important, in addition to producing fresh, nutritious, high-quality foods, they provide a wealth of benefits for their local communities. That's why Murray Utah Insurance included this service because they understand the importance of having a farm and ranch to a family owning it.

Here are the coverage highlights:

Home, Personal Property coverage
The Farm/Ranch policy provides coverage for your home and personal property, such as your clothes, furniture and appliances.

Loss of Use coverage provides payment for certain losses when your home is damaged and rendered uninhabitable because of an insured loss.

Farm Property

Regardless of your size, these coverages can be tailored to fit the specific needs of your farm to cover your farm personal property and farm buildings and structures.

Scheduled Farm Property coverage provides protection against specified perils for the farm personal property that you specifically name.

Unscheduled Farm Personal Property coverage provides specified perils coverage for the farm personal property that you use in your farming operations.

Farm Buildings and Structures coverage provides specified perils coverage for farm buildings and structures you specifically describe.

For an additional premium, coverage for your farm machinery, farm buildings and structures can include accidental direct physical losses. This coverage may provide for additional losses such as partial or total collapse of farm buildings.

Specified perils include:

Fire or lightning
Windstorm or hail
Theft
Smoke
Vandalism or malicious mischief
Collision
Explosion
Vehicles
Aircraft
Riot or civil commotion

Additional perils for livestock (included at no extra charge):

Attack of livestock by wild animals or dogs (loss to sheep not included)
Accidental drowning of livestock
Accidental shooting of livestock
Accidental electrocution of livestock

Farm Liability Coverage provides payment for your legal liability up to the limits in the policy for damages because of bodily injury or property damage caused by an occurrence to which this insurance applies.

Medical Payments to Others.
This coverage provides medical expenses up to the limits in the policy for people who are on your premises with your permission and are accidentally injured. Coverage also extends to people accidentally injured by your activities. However, this coverage does not extend to you, your family or employees.

Additional Coverages

Chemical Drift Liability
Damage to Property of Others
Theft
Claims Expenses

Optional Coverages

Business Pursuits Liability
Incidental Business Activities
Custom Farming
Custom Feeding
Limited Pollution Liability

Also Available

Crop-Hail
Multi-Peril Crop
Companion Hail Insurance

Home Based Business Insurance

Are you working home based and worry about insurance? But sometimes as a home owner, you may not realize that your Homeowners insurance may not adequately cover you. You may need a Home Program that is designed to provide a broad range of coverage at a very affordable price. As a business owner, you can have the protection you need in one modern, comprehensive policy.

If you want to know more about securing your home and your business, look for Murray Utah Insurance to help you regarding business policy that can insure your property, liability, loss of income and records.

In running your business from home, here are some tips on how to do about it smoothly:

Keep your records organized

Discuss your record keeping needs with an attorney or tax accountant who can advise you on what items you need to retain.
For tax purposes, keep copies of all business-related receipts and records such as bank statements, charge account statements, receipts for cash purposes and mileage logs.
If you make cash purchases, write the date of purchase and item purchased on the receipt if they're not clear.
Keep business and personal finances separate with two bank accounts -- one for business and the other for personal use.
Keep all records in a locked file cabinet.

Keep your home and business safe

Secure your windows and doors. Keep office equipment away from areas where it can be easily seen and stolen.
Light your premises well, both inside and out.
When you're away, consider hiring a house sitter.
Consider the need for an alarm system.
Check your smoke detectors frequently.
Have an electrician check wiring and power maximums. Office equipment may exceed regular wattage.

Securing Your Most Valuable Investment - Your Home

The home is the most valuable investment you could give to your family. Needless to say the importance of having one, a home is where you build your family.

So if you value your family that much, here are some important information to consider when determining the coverage amount for your home.

Make sure that your home is insured for at least 100% of its estimated replacement cost

To determine your amount of homeowners coverage:

Get an estimate of the replacement cost of your home.
Select the coverage amount that best fits your needs.

We recommend that you purchase an amount of coverage at least equal to the estimated replacement cost. But the choice is yours. Determining your home’s estimated replacement cost is important because this will ultimately determine which policy options are available to you. Since it is impossible to predict today what the exact cost will be to replace your home in the future, it’s important to have enough coverage to account for unforeseen circumstances.

Understand the difference between market value and replacement cost

Market value is the amount a buyer would pay for a home, including the land, regardless of how much it would cost to rebuild the home. Replacement cost for this purpose is the rebuilding cost necessary to repair or replace the entire home.

Replacement cost IS NOT:

The market value of the home.
The home’s purchase price or the cost of the land.
The outstanding amount of any mortgage loan.

If you need more information about securing your home, Murray Utah Insurance can provide you with all the information you need and the best service in dealing with your insurances.