Farm Insurance Information
Farm Insurance
Farming is a rewarding and prosperous field of work, but it comes with various risks and potential hardships. From environmental disasters, bad storms, wild animals and other accidents, farmers and ranchers need reliable and comprehensive insurance.
Bob Putnam Agency provides genuine customer service and affordable insurance for farmers and ranchers.
Farm Insurance Coverages We Offer
Coverages we offer for farmers and ranchers include:
Farm Equipment
Farms operate utilizing a lot of expensive machinery between tractors, combines, field equipment, planters and more. If your farm equipment is lost or damaged, farm equipment coverage can help pay for replacements or repairs. This insurance covers against damage caused by fire, wind, hail, explosions, lightning, smoke, theft and vandalism.
Farm Products
Farm products provides coverage for stored products such as feed, grain and seed. If these products are damaged or destroyed, farm products coverage will help compensate for replacements.
Livestock Insurance
Ranches and many farms own and use livestock to make money in some capacity, such as breeding, working, showing or obtaining products. Unfortunately, your livestock isn’t always safe. Dangers and disease can threaten the health of your critical livestock. Animals like horses are expensive, as well, and replacing them out of pocket can be difficult.
Livestock insurance provides compensation if your livestock is killed due to bad storms, environmental disasters, accidents in transit and more. Animals that are considered livestock include cattle, pigs, bison, buffalo, horses, emus, goats and sheep.
Farm Liability Insurance
General liability for a farm is critical. Farms can be hazardous for visitors, especially those who are unused to stepping food on a farm. Farm liability insurance provides coverage for bodily injuries and property damage someone else may suffer on your farm’s property. If one of your horses kicks a guest, for example, farm liability can help pay the victim’s medical bills and protect your farm against a lawsuit regarding the accident.
Crop Insurance
Crop insurance provides compensation for crops that are damaged or destroyed due to fire, wind, hail, theft, vandalism and more. This insurance generally must be purchased before crops are planted.
If your farm employs workers, you may also need
workers compensation insurance.
Protect Your Farm Today
Protect your farm and your livelihood with an extensive farm insurance policy from Bob Putnam Agency. Call us today at
607-397-1999 or fill out an
online quote form to get started.
Common Farm Insurance Questions
Liability insurance costs vary widely depending on your location, size, claims history, coverage limits and deductible. On its own, general liability costs around $500 a year.
Farm insurance is a type of business insurance policy that is tailored to protect against the unique risks that farms face.
About 87% of planted acres in 2018 were insured with crop insurance coverage. Crop insurance is critical for all farms that earn money through selling crops.
Normal business insurance is not tailored to combat the unique risks that farms face. Farm insurance is geared to cover various claims and accidents that could cost heavy financial loss on the farm.