INSURIN G 'M IC H IG AN 'B A R N S'
!"#$%&'(#$)*+$,-&,+#.&/+*$&+(0+*+0123-&/)"4 &#.$ &+(-1) 2( 5$&+(0 1 -#)6&$7 83" )$0 &92- +5&:1$ -#+"( -&29 "1 #&
.",&92)(-&2)$&+(-1)$0;&<$&,$)$&1(293$&#"&-5.$013$&2&5"(/$)$(5$&82($3&8)$-$(#2#+"(&91#&.2*$&
-1442)+=$0&#.$+)&+(/")42#+"(&+(&#.+-&2)#+53$;&>.2(?-&#"&+(#$)*+$,$$-&2(0&#.$+)&5"482(+$-%&&>+4&
@2))6A&!$,26B"&'(-1)2(5$&C";D&E$9&@"33$-A&F(0$),)+#$)D&G1)#&H)$+B.#A&I#;&J3$2-2(#&KB$(56A&'(5;D&
I+5.2$3&I+#5.$33A&<+33+24-#"(&L#2#$&H2)4&'(-1)2(5$D&2(0&I2)6&L#15?"A&I+5.+B2(&H2)4&@1)$21;&
'
Insuring'Barns'
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288)"25.$-;&'(-1)2(5$&+-&"/#$(&92-$0&"(&.",&2&92)(&+-&1-$0&")&/1(5#+"(-;&O*$(&+/&#.$)$&+-&2&
.+-#")+5&*231$A&#.+-&0"$-&("#&4$2(&#.2#&#.$&92)(&,+33&")&52(&9$&+(-1)$0&/")&)$8325$4$(#&
5"-#-A&$-8$5+2336&+/&#.$&92)(&+-&("&3"(B$)&1-$0&/")&+#-&")+B+(23&81)8"-$;&K3#."1B.&+#&+-&8"--+93$A&
#)20+#+"(23&92)(-&2)$&("#D+52336&+(-1)$0&/")&P3+?$Q&)$8325$4$(#&*231$A&$;B;A&#+49$)&/)24$&
-#)15#1)$&)$8325$0&,+#.&#+49$)&/)24$&M*-M&#.$&$:123&-:12)$&/""#&"/&2&8"3$&91+30+(B;&
K88)"25.$-&#"&+(-1)+(B&92)(-&+(5310$&2&92-+-&+(&52-.&*231$A&1#+3+#6&*231$&")&)$8325$4$(#&5"-#&
*231$;&C2-.&*231$&+0$(#+/+$-&#.$&$78$5#$0&1-$/13&3+/$&RSTT&6$2)-D&UT&6$2)-V&2(0&23-"?$-&
+(#"&255"1(#&0$8)$5+2#$0&*231$&"*$)&#+4$;&F#+3+#6&*231$&+-&92-$0&"(&.",&#.$&92)(&+-&1-$0;&H")&
$72483$&2(&"30&5.+5?$(&5""8A&(",&1-$0&#"&-#")$&2&#)25#")A&,+33&9$&+(-1)$0&#"&#.$&*231$&#.2#&
+-&($$0$0&#"&)$8325$&#.$&/1(5#+"(&"/&-#")2B$&2(0&("#&#"&)$8325$&#.$&91+30+(B&2-&2&5""8;&
W$8325$4$(#&5"-#&*231$&R#"&)$8325$&,+#.&($,V&+(*"3*$-&-#)+5#&B1+0$3+($-&2(0&1-12336&52(&9$&
2883+$0&#"&2&91+30+(B&#.2#&+-&3$--&#.2(&XT&6$2)-&"30&")&"($&,.+5.&.2-&9$$(&5"483$#$36&
1802#$0;&E"514$(#$0&$*+0$(5$&.$)$&+-&2&($5$--+#6;&
Y/#$(&+(-1)2(5$&,+33&9$&92-$0&"(&2&4$2-1)$4$(#;&>"#23&0242B$&#"&2&9+B&#)20+#+"(23&
B293$ZB249)$3&)""/&92)(&,+33&8)"92936&("#&9$&+(-1)$0&#"&9$&)$91+3#&2-M+-A&91#&,+33&9$&
)$8325$0&2-&2&8"3$&92)(&92-$0&"(&-:1 2 )$&/$$#&2(0&/1(5#+"(&#.2#&.2-&9$$(&3"-#;& H1(5#+"(23&2(0&
1-$&/$2#1)$-&52(&9$&/25#")$0&+(#"&#.$&)$8325$4$(#&R$;B;A&-#233-V;&'(-1)2(5$&5"482(+$-&1#+3+=$&
5"481#$)&4"0$3-&#.2#?$&+(&#"&255"1(#&4$2-1)$4$(#A&1-$A&2(0&/1(5#+"(&/25#")-&#"&5"4$&
18&,+#.&/")4132-&2(0&5"-#-&#"&0$#$)4+($&8"3+5+$-&2(0&8)$4+14-;&O3$4$(#-&5"(-+0$)$0&+(&
#.$&/")4132&52(&+(5310$%&3"52#+"(A&1-$A&51))$(#&42)?$#&*231$&/")&2&)$91+3#A&53$2(18&5"-#-A&$#5;&
'/&#.$&92)(&.2-&9$$(&4"0+/+$0&/")&2&5"44$)5+23&2883+52#+"(A&42[")&18B)20$-&52(&23-"&9$&
/25#")$0&+(A&+/&+#&.2-&9$$(&0"514$(#$0&,.$(&#.$&8"3+56&,2-&420$;&J"3+5+$-&426&5"*$)&
)$91+30+(B&5"-#-A&")&#.$&25#123&52-.&*231$&"/&#.$&91+30+(B&2#&#.$&#+4$&R("#&#.$&")+B+(23&
91+30+(B;V&
'(-1)+(B&2&($,&."4$&#.2#&.2-&9$$(&5)2/#$0&/)"4&2&#+49$)&/)24$&92)(&52(&)2+-$&42(6&+--1$-&
2(0&52(&9$&0+//+513#&#"&($B"#+2#$;&KB2+(A&2&B""0&2B$(#&+-&#.$&?$6MM-"4$"($&,."&,+33&,")?&
,+#.&6"1&2(0&1(0$)-#2(0&,.2#&6"1&2)$&0"+(B;&
The'Players'
>.$)$&2)$&#.)$$&82)#+$-&,."&,+33&#"B$#.$)&0$*$3"8&2&8"3+56&#"&4$$#&6"1)&($$0-;&@$&2(&
+(/")4$0&",($)&2(0?$&#.$&#+4$&#"&/+(0&#.$&)+B.#&2B$(#&#"&,")?&,+#.;&K-?&2)"1(0&/")&
)$5"44$(02#+"(-;&\$2)(&29"1#&"#.$)&8$"83$Q-&5"*$)2B$;&]""0&5"441(+52#+"(&+-&?$6;&
G(",+(B&,.2#&+-&8"--+93$&2(0&,.2#&6"1&,2(#&+(&+(-1)2(5$&+-&+48")#2(#&,.$(&42?+(B&
0$5+-+"(-;&O*+0$(5$&$(293$-&#.$&82)#+$-&#"&+0$(#+/6&2(0&52)*$&"1#&5"*$)2B$&2(0&#"&+0$(#+/6&
$7531-+"(-&#.2#&6"1&2)$&5"4/")#293$&,+#.;&>.$&)$-13#+(B&8"3+56&+-&2&($B"#+2#$0&P5"(#)25#Q^2(&
2B)$$4$(#&96&233&82)#+$-^2(0&$:123-&2&8)"4+-$&#"&826&+/&#.$&,")-#&.288$(-;&KB$(#-&2(0&
5"482(+$-&1#+3+=$&1(0$),)+#$)-&#"&.$38&#.$4&/+(23+=$&8"3+5+$-&2(0&9)+(B&2&9)"20$)&-$(-$&"/&
,.2#&+-&.288$(+(B&25)"--&#.$&/+$30;&L"4$&2B$(#-&,")?&/")&"($&82)#+5132)&5"482(6D&
+(0$8$(0$(#&2B$(#-&52(&0)2,&/)"4&42(6&0+//$)$(#&5"482(+$-Q&8"3+5+$-;&>.$&)+B.#&2B$(#&")&
5"482(6&/")&6"1)&92)(&426&("#&9$&#.$&-24$&+(-1)$)&2-&/")&6"1)&."4$;&
Barns'are'different'
'(-1)+(B&2&92)(&+-&*$)6&0+//$)$(#&/)"4&+(-1)+(B&2&."1-$;&_"1-$-&2)$&+(-1)$0&/")&)$8325$4$(#&
*231$&"/&#.$&91+30+(B&2(0&#.$&8$)-"(23&8)"8$)#6&,+#.+(;&E$#2+3-&"/&5"(-#)15#+"(&2)$&?(",(&
2(0&+(01-#)6&-#2(02)0-&$7+-#&#.2#&0$#$)4+($&42#$)+23-A&5"(-#)15#+"(A&/+(+-.+(B&2(0&
/1(5#+"(-&R92#.&)""4A&?+#5.$(A&9$0)""4-A&$#5;V;&E$8$(0+(B&"(&6"1)&8"3+56A&)$8325$4$(#&
5"-#-&/")&."4$&+(-1)2(5$&4+B.#&)$8325$&2&832-#$)&,233&,+#.&0)6&,233;&
What'is'the'basis'for'refusing'to'insure'a'barn?'
N1-#&2-&-"4$&5"482(+$-&,+33&("#&+(-1)$&4"0132)&."4$-A&-#10$(#&."1-+(B&")&."4$-&.$2#$0&
,+#.&,""0A&5"482(+$-&52(&5.""-$&("#&#"&+(-1)$&6"1)&92)(;&C"(0+#+"(A&18?$$8&2(0&
."1-$?$$8+(B&2)$&5)+#+523&$3$4$(#-&"/&5"(5$)(&/")&+(-1)2(5$&5"482(+$-;&'(-1)$)-&52(&23-"&
5.""-$&#"&("#&5"*$)&6"1)&."4$&9$521-$&"/&#.$&5"(0+#+"(&"/&6"1)&92)(;&O25.&5"482(6&.2-&
0+//$)$(#&288)"25.$-;&L"4$&,+33&("#&.2(03$&2(6D$&"/&/2)4&")&2B)+513#1)23;&&
O*$(&+/&#.$&",($)&.2-&#.$&)$-"1)5$-&2(0&+-&,+33+(B&#"&826&2&.+B.$)&8)$4+14&/")&)$8325$4$(#&
+(M?+(0&/")&2&#"#23&3"--A&2(&+(-1)2(5$&5"482(6&426&("#&,2(#&#"?$&"(&2&5"(#)25#&/")&#.2#;&
Types'of'Insurance'''
_"4$",($)Q-A&/2)4&8"3+5+$-&R32)B$&`&-4233V&2(0&5"1(#)6&$-#2#$-&2)$&24"(B&#.$D$-&"/&
+(-1)2(5$&8"3+5+$-&#.2#&426&+(5310$&92)(-;&Y/#$(A&."4$",($)Q-&8"3+5+$-&,+33&$75310$&
91-+($--&")&/2)4+(B&25#+*+#6;&H2)4&8"3+5+$-&R0+*+0$0&+(#"&-4233A&4$0+14A&2(0&32)B$&
"8$)2#+"(-V&#)$2#&#.$&/2)4&91+30+(B-&/")&#.$+)&/1(5#+"(&+(&#.$&/2)4&91-+($--;&C"1(#)6&$-#2#$&
832(-&426&+(5310$&#.$&."996&/2)4$)&")&/24+36&,+#.&2&-4233&(149$)&"/&2(+423-&2(0&2&9+B&
B2)0$(;&L"4$&"/&1-&,."&.2*$&2&/$,&25)$-&"/&2&#)20+#+"(23&/2)4-#$20&426&/233&+(#"&#.+-&32##$)&
52#$B")6;&L"4$#+4$-&#.$&82)5$3-&426&("#&.2*$&#"&9$&5"(#+B1"1-&+(&")0$)&#"&9$&+(-1)$0;&
H2)4&8"3+5+$-&)$:1+)$&0$#2+3$0&+(*$(#")+$-&"/&1-$A&$:1+84$(#&2(0&425.+($)6&2(0&"/#$(&"(M
-+#$&+(-8$5#+"(-&#"&5"(#+(1$&2&8"3+56;&>.$&+(-1)2(5$&5"482(6&,2(#-&#"&?(",&2(0&5235132#$&
#.$+)&)+-?;&
K9"1#&#.$&21#.")%&&N13+$&K*$)6&+-&I@J!&L$ 5) $#2 )6 &2 ( 0&. 2- &3+*$ 0 &, +#. &/"1 ) &I +5 .+B 2 ( &92 )( - ;&
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The'Value'of'Barns…just'a'few'thoughts…'
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1(+:1$&")&2)#+-#+5&#.$&3"--&+-A&#.$&4")$&0+//+513#&+#&+-&#"&288)2+-$A&+(&4"($#2)6&#$)4-A&#.$&
$7#$(#&"/&#.$&3"--;&&@2)(-&.2*$&#.$-$&+--1$-&#"&*2)6+(B&0$B)$$-;&&&
M@2)(-&2)$&#.$&2)#&"/&#.$&5"1(#)6-+0$;&
M@2)(-&2)$&#.$&2)5.+#$5#1)$&"/&#.$&5"1(#)6-+0$;&&
MJ2--$)-96&$(["6&-$$+(B&2&,$33M?$8#&92)(;&
MK&92)(&+-&2(&b$78$)+$(5$Ac&2(0&+#&+-&+48"--+93$&#"&81#&+(-1)2(5$&"(&2(&$78$)+$(5$;&
MO5"("4+52336&-8$2?+(BA&,$&0"(d#&($$0&#"&?$$8&#.$-$&"30&92)(-A&91#&,$&?$$8&#.$4&/")&
2(&1(0$)-#2(0+(B&"/&.",&,$&B"#&#"&9$&,.$)$&,$&2)$&(",;&>.+-&1(0$)-#2(0+(B&.$38-&
#"&8)$82)$&1-&#"&B"&/"),2)0;&
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$*$)6#.+(B&8"--+93$&#"&4+#+B2#$&#.$-$&)+-?-;&L"A&)2#.$)&#.2(&-8$(0&#""&415.&#+4$&"(&
,"))6+(B&29"1#&+(-1)2(5$&/")&6"1)&92)(A&[1-#?$&52)$&"/&+#&#"&#.$&9$-#&"/&6"1)&29+3+#6&2(0&
)$23+=$&#.2#&+/&#.$&92)(&+-&3"-#&"#.$)-&,+33&($*$)&2B2+(&B$#&#"&$(["6&+#;&&
“Rather(than(spend(too(m u ch (tim e(on (w orr ying (ab out(in sur anc e(for (
your(barn,(just(take(care(of(it(to(the(best(of(your(ability(and(realize(
that(if(the(barn(is(lost(others(will(nev er(a ga in (ge t(t o( en joy(it.”(
<.2#&+-&4"-#&+48")#2(#&+-&#.2#&,$&+0$(#+/6&+(-1)2(5$&5"482(+$-&2#&#.$&(2#+"(23&2(0&-#2#$&
3$*$3&,."&,+33&+(-1)$&92)(-&1-$0&/")&5"44$)5+23&81)8"-$-;&&E"&2(6&"/&#.$4&.2*$&2&9""#.&2#&
#.$&!2#+"(23&@2)(&K33+2(5$&")&"#.$)&L#2#$&@2)(&4$$#+(B-f&&<$&0"(d#&($$0&2&32)B$&(149$)&"/&
+(-1)2(5$&5"482(+$-A&91#&,$&($$0&#"&+0$(#+/6&2&/$,A&-"&#.2#&#.$6&52(&8)"*+0$&9"#.&$78$)#+-$&
2(0&5"48$#+#+"(&+(&#.$&5"44$)5+23&92)(&+(-1)2(5$&42)?$#;&<$&,"130&3+?$&#"&.$2)&/)"4&
92)(&",($)-&29"1#&#.$+)&51))$(#&+(-1)2(5$&,+#.&#.$&B"23&"/&+0$(#+/6+(B&#."-$&5"482(+$-&
#.2#&,+-.&#"&82)#+5+82#$&+(&#.+-&*$)6&-8$5+23+=$0&42)?$#;&
& K9"1#&#.$&21#.")%&&>"4&'))$)&+-&2&($,&I @ J ! &@ "2 ) 0&4$49$) ;&K&I+5.+B2(&4+(#&/2)4$ )A& &
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#.$+)&92)(-;&Y1)&B" 23&, "1 30&9$ &#"&+0$(#+/6&5" 4 82 (+$-&#. 2#&, +-.&#"&82 )#+5+82#$&+(&#.+-&*$)6&-8$5+23+=$0&
42)?$#;&&J3$2-$&-$(0&2(&$42+3&("#+(B&+/&6"1)&92)(&+-&5"44$)5+23&")&("#&2(0&#.$&(24$&"/&#.$&
+(-1)2( 5$ &5" 482(6 &2( 0 &2B $ (# &#" %&&2*$)6[g4 -1;$01&
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