When your farm is both your home and your business, insurance can seem like a complicated topic. In fact, it’s an opportunity to get a single policy that meets all your needs. The key is being certain what you want from a farm insurance policy.
Many aspects of your farm need coverage no matter what type of farming operations you run. While the specifics may vary, the starting point is protecting your property and contents against damage, such as:
Some farm insurance policies may cover just about everything, while others will specifically protect either your personal dwelling and possessions or the equipment and buildings used in your agricultural business. In the latter case, make sure you check the definitions and exclusions of your policy.
You may also want to consider insurance for livestock, harvested grains, and so on. Ask how the replacement costs are calculated; specifically, whether lost profits are part of the calculations, as this may vary from policy to policy. Coverage options may include crop, livestock mortality, as well as care, custody, and control coverage. In addition, you’ll also want to secure coverage for the equipment you rely on regularly for your farming options, so equipment breakdown, foreign object ingestion, and glass coverage are all important to consider.
As with any business, you’ll also need to look into workers’ compensation for employees, liability insurance for visitors to your premises, and specialty coverage for any vehicles you use for work rather than just for personal driving. And because of the nature of your business, you may also want to have an environmental insurance policy in place to help safeguard your farm from pollution–related issues.
Ready to take the next step in protecting your lifestyle and livelihood with farm insurance? Contact us to go over the needs of your farm, the type of farming you do, and the coverage options available.
Some may believe farming is part of a simpler life, but farming today is more complex than ever.
If you are uncertain about what your policy currently covers, we can help.
We are farm insurance experts who will help make sure your farm operations stay insured. We have custom-fit policies for whatever Mother Nature may throw at you, such as:
Your base policy typically protects farm homes, buildings, machinery, equipment, and livestock. In short, all the coverage the average farm may require. Then, we'll tailor fit your policies to meet your exact needs.
Your operation is more than a business, it’s a legacy and your livelihood. Let us help you protect what you care about most.
While most insurance products are similar in price and function, insurance providers vary when it comes to structuring a policy tailored to you.
After all, there’s no such thing as a one-size-fits-all insurance policy when it comes to your business.
Contact us today, and we'll help you protect what matters most.