The Insurance Reality Check: Diversification, Risk, and Why You Might Be Over-Insured

The AGvisorPOD

The AGvisorPOD
The Insurance Reality Check: Diversification, Risk, and Why You Might Be Over-Insured
Dec 19, 2025
Robert Saik

When was the last time you adjusted the values on your policy? If you haven’t looked recently, you might be paying for coverage you don’t need on depreciating machinery.

Rob and Dave Nussbaumer (Lakeview Insurance) dig into the dollars and cents of farm insurance. They explore how to protect new revenue streams as farms diversify into retail and processing, and why getting an on-farm visit is the best way to ensure you aren’t over-paying on equipment or under-insured on your facilities.

Episode Highlights:
- Trends in farm diversification (and the risks that come with them).
- Spotting where you are over-insured vs. under-insured.
- Why the “Annual Review” is vital for saving money and protecting assets.

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