Farm building code updates will drive insurance increases

Farm building code updates will drive insurance increases

Added costs such as fire separation areas and bracing affect replacement value

Glacier FarmMedia — An unintended consequence of planned upgrades to Canada’s National Farm Building Code (NFBC) may be higher farm insurance rates. That’s because, regardless of how the insured structure is built, if destroyed it will have to be rebuilt to the new and more complex code. An Ontario member of the Canadian Farm Building […] Read more