If you’re involved in agriculture, traditional business insurance might not fully cover the unique risks you face. That’s where specialised farm, crop, and livestock insurance comes in—designed specifically to protect your agricultural operations.
Farm insurance typically bundles together different types of coverage tailored to the needs of farm businesses and primary producers, safeguarding you against a wide range of potential issues.
Working with an insurance broker can help you identify the right mix of policies for your farm. [Click here to learn more about brokers.]
Key Types of Farm Insurance
Farm insurance often combines personal and commercial coverages, including:
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Home and contents insurance: Protects your farmhouse and personal belongings against loss, theft, or damage.
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Farm motor insurance: Similar to standard vehicle insurance but covers the extra risks linked to farm vehicles and machinery on-site.
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Farm machinery insurance: Covers essential equipment like tractors and tools, whether owned or leased (often required by lease agreements).
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Farm liability insurance: A specialised policy designed to cover the unique liabilities associated with farming activities—choosing an insurer who understands agricultural risks is crucial.
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Livestock, fencing, and hay insurance: Safeguards animals and farm produce from injury, theft, weather damage, and other risks as outlined in the policy.
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Farm loss of income and business interruption: Provides compensation if your farming operations are disrupted by accidents, theft, or severe weather events that prevent you from earning.
Additional coverage options may include personal accident insurance, goods in transit, workers compensation (if you have employees), and public liability insurance.
By tailoring your insurance to your farm’s specific needs, you can protect your livelihood and focus on what you do best—running a successful farm.
