Farming and agriculture insurance provides financial protection for farmers, agribusinesses, and agricultural operations against various risks, including natural disasters, equipment breakdowns, liability claims, and crop or livestock losses.
Types of Farming & Agriculture Insurance
Crop Insurance
Protects against losses due to weather, pests, and diseases.
Includes Multi-Peril Crop Insurance (MPCI) and Crop-Hail Insurance.
Livestock Insurance
Covers cattle, poultry, pigs, and other livestock against disease, accidents, and natural disasters.
Farm Property Insurance
Protects farm structures, barns, silos, and equipment against fire, theft, and natural disasters.
Farm Liability Insurance
Covers injuries or damages caused to others on the farm property.
Includes product liability if selling farm products.
Equipment & Machinery Insurance
Covers tractors, harvesters, irrigation systems, and other farm machinery against damage or breakdown.
Farm Auto Insurance
Covers farm vehicles such as trucks and trailers used in farming operations.
Workers’ Compensation Insurance
Provides coverage for farmworkers in case of injury or illness while working.
Revenue Protection Insurance
Protects against unexpected drops in farm income due to market changes or poor yields.
Why Farming Insurance is Important
Shields farmers from financial loss.
Ensures business continuity after a disaster.
Meets legal requirements for liability and workers’ protection.
Helps secure bank loans and financial investments.
