How Farm Insurance Protects Your Agricultural Business
Even in the highly urbanized modern era, farms remain an essential part of our economy, as well as the primary means by which most of the global population is fed. But farming is a uniquely hazardous line of work, at the whims of shifting weather, changing seasonal climatic patterns, and abrupt market shifts. For these reasons and others, small farm business insurance is essential for any small agricultural operation.
What Does Insurance Cover?
Your specific needs may be unique to your sub-industry — but because of the seasonal unpredictability involved in most farming operations, comprehensive small farm business insurance is essential to maintaining business health over time.
A reputable insurer will work with your farm to develop a policy suite adequate to your needs. Whether you have a livestock, vegetable, grain, or other operation, any or all of the following coverage areas may be useful:
- Personal and business property
- Commercial auto and farm equipment
- Workers compensation
- Flood or severe weather damage
Farms are unique: one season can be bountiful, while the next can be immensely challenging. For peace of mind, as well as long term financial security, carrying small farm business insurance that is adequate to your needs, and developed in consultation with an insurance professional, will make all the difference if your farm falls on hard times.