Valuation and Risk Factors of Farm Outbuildings

CE ID #54005 3 Credit Hours

This seminar provides the information required and techniques to use when evaluating the cost to replace various types of farm outbuildings. Attendees will also be able to identify conditions and factors that would lead to an increased rebuild cost. A portion of this presentation also focuses on loss prevention through effective information gathering and or viewing photographs.

  • Types of buildings
  • Common wall construction types
  • Additions
  • Interior features/upgrades
  • Heating system
  • Electrical system
  • Interior insulation
  • Using the Farm Outbuilding Cost Guide
  • Exposure based on the use of the building
  • Identifying commercial exposures
  • Storage of hazardous materials
  • Residential exposures in farm buildings
  • Deficient electrical systems
  • Addressing the presence of a wood-burning appliance
  • General fire prevention
  • Tool coverage
  • Equipment breakdown coverage