Comprehensive insurance of agricultural equipment

Comprehensive insurance of agricultural equipment


Compensation in case of the occurrence of a total loss or partial damage to any type of agricultural machinery and equipment, used by the INSURED in relation to his activities.

A mandatory requirement for providing insurance coverage is that the machines and equipment should have successfully passed acceptance tests and should be in normal operating condition, regardless of whether they are operating or at rest, or have been disassembled in order to be cleaned or overhauled, as well as during these operations, or during relocation within the location of the insurance, as well as during their subsequent installation.


The following can be insured:

  • stationary agricultural machinery and equipment, including electronic equipment;
  • self-propelled agricultural machinery and equipment;
  • agricultural products – finished or under processing;
  • additional expenses – constant and due to disruption of the activity.


The insurance covers a total loss or partial damage to the property specified in the Description list

  • a) stationary agricultural machinery and equipment, including electronic equipment
  • b) self-propelled agricultural machinery and equipment


The insurance coverage under this Section is provided only to agricultural machinery and equipment used in accordance with their customary function, for each sudden and unexpected total loss or partial damage due to any reason, with the exception of the individually listed ones in the General and Special exclusions of this Section, through a cash payment, repair, or replacement, up to the insurance amount limit specified in the Description list.

The insurance is contracted for a term of one year based on a written Application-questionnaire by the INSURED.

The insurance premium is determined by the INSURER based on the risk circumstances and clauses upon which the insurance protection is provided, and is paid in full or according to an installment plan contracted in the policy.

The INSURED must notify the INSURER within 3 working days via telephone and in writing, and provide the INSURER with all necessary details and evidence related to the claim, take all measures in his power for limiting the amount of the damage, as well as notify the authorities of the Ministry of the Interior in case of burglary.

In case of a loss, the INSURED must promptly notify the INSURER, who performs an inspection and assessment of the damages.