Protect Your Ranch With Farm Insurance That Works
If you own a ranch, you want to safeguard your family, property, and livelihood from ruin by a major financial loss. That means you need more than just any farm and ranch insurance policy — you need one that works.
The right farm and ranch insurance for you is tailored to the specific needs of your operation. Whether you’re raising cattle, horses, or sheep for market, an independent insurance company can build you a policy customized for a 200-acre ranch, a 5,000-acre ranch, and everything between and beyond.
Through careful consideration, you can select the farm and ranch insurance that meets your needs and risks. You can protect your investment and operation by working with an insurance agent who knows agricultural insurance and can help you understand the right coverage options for you.
What Is Farm and Ranch Insurance?
Farm and ranch insurance is a comprehensive package of coverage to guard against your personal and business risks on a ranch. That can include protecting against financial loss from natural disasters, accidents, and unforeseen events that could cause losses in property, equipment, livestock, liability, and employees.
Farm and ranch insurance can cover:
Farm Dwelling: Your home and its contents
Farm Structures: Barns, silos, outbuildings, and other structures
Farm Personal Property: Machinery, equipment, tools, and irrigation systems
Liability: For both your premises and products
Livestock: Loss from death, theft, or disease
Crops: Loss from natural disasters, pests, and other unexpected events
Equine Insurance: For the specialized needs of horses
An independent insurance agent can also help you with optional coverage for product liability, pollution liability, and business interruption.
Understanding Your Risks
Getting the right farm insurance coverage starts with understanding your risks. While ranches can be different, some common risks are:
Property damage
Work injuries
Equipment breakdown
Loss of livestock
Crop losses
Liability claims
A typical homeowner’s or business policy may not cover the risks you may encounter on your ranch. Working with an independent insurance agency can help you identify risks specific to your ranch.
Home Insurance vs. Farm Insurance
To safeguard your family, property, and livelihood, it’s crucial to understand the difference between a farm and ranch policy and a homeowner’s policy. Here’s a look at the coverage from both types of insurance to help you understand which you might need.
Homeowner’s insurance may cover:
Your home and possessions
Personal liability
Outbuildings and structures
Coverage for outbuildings and structures may be limited by their size and use.
Farm and ranch insurance may cover:
Your home and possessions
Personal liability
Farm liability
Outbuildings and structures
Building materials and supplies
Machinery, equipment, and tools
Livestock
Products
Fields and vineyards
Fences and corrals
Equine liability
Knowing the risks of your operation can help you avoid being underinsured and surprised at claims time.
Find the Right Independent Insurance Agency
To get farm and ranch insurance that works, you should consider working with an insurance agent who knows farms and ranches. Look for a professional who:
Specializes in farm insurance
Customizes policies
Provides strong claims support
Understands your region
Communicates clearly
An independent insurance agent with experience in farm and ranch insurance can help you properly assess risks, tailor a policy to your operation, and support you if you have a claim.