Details for Effectively Insuring Farm Property: Making Informed Decisions

Annual Review of Farm Property Insurance: We always debate which buildings, bins and equipment to insure. Had an insured bin go down once only to find out it was prorated at a low value :( We also debate which deductible amounts to chose because it doesn't seem to pay to make a small claim anyway. Sounds like the savings are only 2% to move to a $10,000 deductible. Looking for some insight. Tx