Repair versus Replace on the Farm
Thursday, July 17, 2025
02:00 PM - 03:00 PM CST
1 Hour
Presenter: Tim Wziontka, Sr. Electrical Engineer.
Status: Approved for 1 hour of credit in FL, IN, NH, TX and WY. Pending approval for OK and NC.
Join us in exploring the critical decisions farmers face when equipment breaks down on their farms. This specialized course explores the dilemmas faced when decisions need to be made on repairing or replacing damaged equipment, and how farmers can minimize business interruption (BI) effectively.
WHAT YOU’LL LEARN:
- Evaluating repair vs. replacement: Understand the factors influencing whether to repair or replace damaged farm equipment, considering costs, downtime, and long-term benefits.
- Minimizing Business Interruption (BI): Strategies to mitigate the impact of equipment breakdowns on farm operations, including insurance claim considerations.
- Real-life case studies: Analyzing various claims examples and exercises to reinforce decision-making processes and outcomes.
- Practical guidance: Expert insights on navigating insurance claims and optimizing farm equipment maintenance and replacement strategies.