Adding a building to your farm or ranch can be an excellent way of increasing the storage space for your equipment and livestock. Unfortunately, there are many farmers and ranchers that may not have the experience of adding one of these structures to their property. For these individuals, it may be beneficial to consider a few tips to help avoid making some potentially critical oversights during this upgrade.
Verify Local Zoning Laws
There can be numerous zoning laws that govern the placement of agricultural, industrial, and commercial properties. As a result, you will need to check with your local government to ensure that your planned addition will comply with these regulations. If you make the mistake of failing to verify the zoning requirements, you may find yourself facing an expensive fine as well as adding a building that you may not be able to use.
Always Hire Professionals for This Work
It can be tempting for some individuals to want to lower costs by performing these upgrades to their own property without hiring a professional. Sadly, this can prove to be a costly mistake. If this work is not done properly, it can place your equipment, stored goods, and livestock at risk of loss if the building were to collapse. Additionally, there are some insurance policies that will fail to cover work that was not done by a professional, such as Swiss Construction.
Notify Your Insurance Company
After the upgrade is done, you should notify your insurance company of the upgrade. This may seem excessive, but these upgrades can drastically alter the value of your property. As a result, many insurers require individuals to update their policy following any major upgrades. In addition to ensuring that your policy stays active, this can also help you to ensure that you have a policy that sufficiently covers the value of your property in the event there is a major accident that causes the total loss of your ranch or farm.
Adding a building to your ranch or farm can be an excellent investment to make for improving the value and functionality of your property. While this process can seem overwhelming, there are some simple steps that can be taken to help you to avoid making some oversights during this upgrade. In particular, ensuring that you are checking with local zoning laws, hiring a professional to perform this upgrade, and notifying your insurance company once the work is completed will help you to prevent some potentially serious oversights and mistakes when you are making this investment to your property.