Custom Cutter Insurance - Questions
About the only way I can afford to get a newer combine and make payments on it is to custom cut for one of our neighbors as well. Would be custom cutting about 2000 acres a year, just in our area. Is there such thing as insurance like crop insurance for this to cover my costs of the combine? If there was a complete loss of crop there would be no need for me to combine therefore I wouldn't have any money to make the payment on the combine. If there is such a thing, about how much would that cost? Rough figures of $60,000 needed per year to break even at most.