Farmers and landowners are being advised to check that their insurance cover reflects risks they face and that they are not over-paying on their premiums.
“The nature of businesses, and therefore the risks they carry, is changing rapidly,” said Matthew Berryman, director with farm business consultancy CLM.
He explained that with more and more farmers introducing new enterprises or diversifying, perhaps converting buildings to use as a livery, for instance, or leasing them out for storage, it was vital to keep insurers informed.
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