Interesting thing I did not know about buying a ranch...

[Damocles]

If you are buying a house with more than 10 acres you need to contact a special insurance agency. Most Homeowners Insurance Agencies will not cover more than 10 acres.

Ugh....

Would this be considered a "first world problem"?

 

[Melchizedek = Michael]

If you are buying a house with more than 10 acres you need to contact a special insurance agency. Most Homeowners Insurance Agencies will not cover more than 10 acres.

Ugh....

Would this be considered a "first world problem"?

Yes! In a world that sells a closet as a condo!

 

[PostmodernProphet]

also you need one of these......

 

[Celticguy]

requires more or rather additional underwriting be done to assess risk.

 

[Life is Golden]

Yes! In a world that sells a closet as a condo!

Good one!

 

[goat]

also you need one of these......

And make sure you have hunting and mineral rights.

 

[Jarod]

If you are buying a house with more than 10 acres you need to contact a special insurance agency. Most Homeowners Insurance Agencies will not cover more than 10 acres.

Ugh....

Would this be considered a "first world problem"?

Same problem in North Carolina.

 

[ThatOwlWoman]

If you are buying a house with more than 10 acres you need to contact a special insurance agency. Most Homeowners Insurance Agencies will not cover more than 10 acres.

Ugh....

Would this be considered a "first world problem"?

Is that a Colorado thing? We have 12.4 acres and are insured by State Farm.

 

[Jarod]

Is that a Colorado thing? We have 12.4 acres and are insured by State Farm.

Where? Not too specific, maybe what State?

 

[Matt Dillon]

Where? Not too specific, maybe what State?

She's in Michigan. No special insurance here in FL.

It must be some kind of state thing.

 

[ThatOwlWoman]

Where? Not too specific, maybe what State?

Upper Michigan.

 

[ThatOwlWoman]

She's in Michigan. No special insurance here in FL.

It must be some kind of state thing.

Maybe so. Colorado is more likely to have ranches than we are, which I guess would include livestock that also needs to be insured.

 

[PostmodernProphet]

probably because of the added liability from having parts of your ranch roll down and crush your neighbor's house.......

 

[Matt Dillon]

probably because of the added liability from having parts of your ranch roll down and crush your neighbor's house.......

Yeah, that doesn't happen here.

 

[Matt Dillon]

Maybe so. Colorado is more likely to have ranches than we are, which I guess would include livestock that also needs to be insured.

My friend doesn't take out any policies on his annual herd. It's a small herd of cracker cows, though.

It might be different if running 250+ pure Angus.

They use this stud bull, that thing has muscles on muscles on muscles. Looks like the Bugs Bunny bull with more muscles.

He's one of the nicest cows around, though. He's sweet as pie. Yearlings are what's dangerous.

 

[Phantasmal]

Maybe so. Colorado is more likely to have ranches than we are, which I guess would include livestock that also needs to be insured.

My son’s area has beautiful horse ranches, and an Elk ranch. There are many beautiful ranches in Colorado.

 

[ThatOwlWoman]

My friend doesn't take out any policies on his annual herd. It's a small herd of cracker cows, though.

It might be different if running 250+ pure Angus.

They use this stud bull, that thing has muscles on muscles on muscles. Looks like the Bugs Bunny bull with more muscles.

He's one of the nicest cows around, though. He's sweet as pie. Yearlings are what's dangerous.

Yearlings = hormonal teenagers. lol

 

[Matt Dillon]

Yearlings = hormonal teenagers. lol

800+ lbs of raging hormones is not nice.

 

[ThatOwlWoman]

My son’s area has beautiful horse ranches, and an Elk ranch. There are many beautiful ranches in Colorado.

Elk ranch? For hunting? Meat?

We have a few farms up here but I have no idea how they are insured! Most of us just have tree ranches.

 

[Matt Dillon]

Elk ranch? For hunting? Meat?

We have a few farms up here but I have no idea how they are insured! Most of us just have tree ranches.

We get Ag write-offs here.