What we cover
Equipment coverage built around your operation.
Farm equipment insurance — sometimes written as inland marine or scheduled equipment coverage — protects the machinery your operation depends on from physical damage, theft, and breakdown. As an independent brokerage, Graybeal Group works with a range of carriers to find coverage that fits your equipment list, your operation type, and your budget.
Coverage can be structured to protect:
- Tractors, combines, and tillage equipment
- Irrigation systems and pivot equipment
- Grain handling and storage equipment
- Hay and forage equipment including balers, swathers, and stackers
- Specialty and harvest equipment
- Trailers and farm utility vehicles
- Custom-built or modified ag equipment
- Leased or financed equipment
Where standard policies fall short
Most farm policies don't cover everything you think they do.
Farm equipment is often listed on a standard farm policy — but standard policies aren't always structured to account for the full replacement value of modern machinery, the cost of equipment breakdown during critical seasons, or coverage for equipment that moves between locations and across state lines.
If you're unsure about your current equipment coverage, ask yourself:
- Is your equipment insured at actual cash value or replacement cost?
- Is your coverage keeping pace with the rising cost of new and used farm equipment?
- Are you covered if a piece of equipment breaks down during harvest?
- Do you have coverage for equipment operating on leased ground away from your main property?
If you don't know the answers, there's a good chance your policy hasn't kept up with your operation.
Equipment values are rising
Coverage that keeps up with what your equipment is worth.
The cost of farm equipment has risen significantly in recent years — and equipment values that were accurate two or three years ago may no longer reflect what it would actually cost to replace a piece of machinery today. Graybeal Group reviews your equipment schedule regularly to make sure your coverage limits reflect current market values, not outdated appraisals.
For operations running newer precision agriculture technology — GPS guidance systems, yield monitors, variable rate application equipment — we make sure those components are accounted for in your coverage, not treated as afterthoughts on a standard policy.
Local brokers who know the equipment
Farm Equipment Insurance for PNW Operations
Whether you're running dryland wheat equipment on the Palouse, pivot irrigation across a potato operation in southern Idaho, or a full harvest fleet through central Oregon, the equipment risks specific to Pacific Northwest agriculture look different than they do anywhere else. Graybeal Group has offices in Tri-Cities, WA, Hermiston, OR, John Day, OR, and Redmond, OR — and our producers understand the equipment, the terrain, and the seasonal pressures that shape how your machinery gets used.
What equipment owners ask us
Farm equipment insurance — common questions
What's the difference between scheduled equipment coverage and blanket coverage?
Scheduled coverage lists each piece of equipment individually with its own insured value. Blanket coverage insures your entire equipment inventory under a single limit. Scheduled coverage is generally more precise and better suited to operations with high-value individual pieces. We help you determine which approach makes sense for your equipment list.
Is my equipment covered while it's being transported between locations?
In most cases, yes — inland marine coverage is specifically designed to cover equipment in transit. However, the specifics depend on how your policy is written. If you're regularly moving equipment between farm locations or across state lines, we'll make sure your coverage follows it.
Do I need separate coverage for leased or financed equipment?
Lenders and lessors typically require their own insurance requirements for financed or leased equipment. We work through your financing agreements as part of the coverage review to make sure you're meeting those obligations and that your coverage is structured correctly on both ends.
What if a piece of equipment breaks down during harvest?
Equipment breakdown coverage — sometimes called mechanical breakdown or boiler and machinery coverage — can be added to protect against the cost of sudden mechanical failure during critical operating periods. For operations where harvest downtime means significant revenue loss, this is worth serious consideration.
Simple process. Better coverage. No guesswork.
Get an equipment coverage review.
Farm equipment coverage isn't one-size-fits-all. The right structure depends on your equipment list, how and where it operates, and what it would actually cost to replace it today. Graybeal Group will walk through your full equipment schedule, identify any gaps in your current coverage, and build a policy that accounts for your operation — not a generic farm down the road.
Reach out to your nearest office or request a quote online to get started.
Farm equipment insurance works best alongside farm insurance for your buildings and property, commercial auto insurance for vehicles on the road, and agribusiness insurance for operations that have grown beyond a standard farm policy.
Our recent news
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