Not everyone has the opportunity to grow up with chickens, hoeing weeds and running irrigation lines. It is important to protect farms for the next generation.
When insuring a farm, it’s important to consider a range of coverages to protect your property, assets, and operations. The specific coverages you need can vary depending on the size and type of your farm, but here are some common types of insurance coverage to consider:
Farm Property Insurance: This provides coverage for damage to your farm’s physical structures, including barns, silos, equipment sheds, and your farmhouse. It can also cover the loss of farm equipment and machinery.
Crop Insurance: Not all crops can do this however for some crops like apples, pears, cherries, and wheat it can be to your benefit. If you are a crop farmer, crop insurance can protect against losses due to hail, disease, pests, and other factors that can damage or destroy your crops.
Livestock Insurance: This coverage protects your livestock (cattle, poultry, swine, etc.) from risks such as disease outbreaks, accidents, or theft.
Health Insurance: Farming is dangerous having health insurance so when people get sick or injured is critical for a sustained operation.
Liability Insurance: Farm liability insurance protects you in case someone is injured on your property or if your farming activities cause harm to others. It can also cover legal expenses if you are sued.
What about the Orchard Truck?
Farm Auto Insurance: If you have vehicles used for farming, such as tractors, trucks, or ATVs, you’ll need insurance to cover them. This can include coverage for accidents, theft, and liability.
Equipment Breakdown Insurance: This type of coverage helps repair or replace farm equipment that breaks down due to mechanical or electrical failures. If you have ever had a well pump go out in July or a harvester break down in the middle of harvest then you know how critical this coverage is.
Farmers’ Personal Property Insurance: This covers personal property items used in farming, such as tools and equipment, that may not be covered under your standard homeowner’s insurance.
Umbrella Insurance: This provides additional liability coverage that goes beyond the limits of your other policies. It can be valuable if you have significant assets to protect.
An Alpaca hobby or gentleman farm is a very different operation than a U-Pick Orchard with a Hayride. When you have fewer than 10 horses with no boarding or breeding then your ranch has more options. Barndominums are also making a surge as people combining the home with an agriculture lifestyle.
Farms and Ranch can be tricky and we like to have conversations to see if something is missed during the application. We can help you assess your risks and tailor a policy that provides the appropriate coverage for your specific farm operation. The specific coverage you need will depend on your farm’s size, location, and the type of crops or livestock you produce.
Whether you are running a Lavender Farm up the Methow, Black Angus out of Aeneas Valley, or putting in a vineyard in Chelan. We want to work with you to make sure that you are a success for years to come.
Topics: Farm Insurance, Healthcare, Crop Insurance, Apple, Wheat, Mi Seguro, Seguro de Salud, Chelan, Okanogan, Ranch Insurance, Wenatchee Insurance, Independent Insurance Agent
