Course Description
This presentation examines repair versus replacement decisions for farm equipment through the lens of insurance claims management and loss resolution. Agricultural machinery losses often involve high-value assets, tight operational timelines, and significant business interruption exposure, making accurate evaluation essential for fair and timely claim outcomes.
The course also addresses how prompt decision-making and coordination with insureds, vendors, and technical experts can reduce claim severity, control BI costs, and support continuity of farm operations following a loss.
