Farm insurance can help safeguard your farm and protect your equipment, buildings and lost income. It’s critical to stay operational to keep a consistent stream of revenue. Farm insurance can be that safeguard if you experience hardship that prevents operations. Our agents at Dolan Insurance Agency are prepared to help you navigate your new coverage.  

What Is Farm Insurance? 

Farm insurance is not a single type of insurance but rather a combination of policies that can protect your operational assets. Although farms need the standard insurance that other businesses need, such as property insurance and general liability coverage, they also need insurance coverage related to their business.  

Many farmers use a combination of these coverages for protection:   

• General liability insurance—Farms needed protection from any claims, including bodily injury, property damage, personal injury, and others that result from a farm’s operations.
• Workers’ compensation insurance—Farms that employ people should consider workers’ compensation coverage. Farmers must pay their injured employees’ medical expenses and lost wages out of pocket without this protection.
• Crop insurance—Many farms make a lot of their profits through their crops. When a disaster strikes, such as a tornado, wildfire or flood, crops can be destroyed, and this coverage can reimburse farmers for their losses. Before buying crop insurance, it’s vital that farmers accurately represent the planted acreage they have per unit. They may not be reimbursed for all losses they could realistically experience should they underreport.
• Livestock insurance—This multifaceted type of coverage has several policy options. For instance, farm owners can buy coverage for specific activities, such as their livestock’s transit or auction market coverage. They can also purchase coverage for particular animals, such as poultry coverage or pasture and dairy cattle coverage. They can also choose to buy mortality insurance for animals with an exceptionally high value to the farm, such as a stud.
• Farm equipment insurance—Various machinery is vital to a farm’s operations, from tractors to irrigation equipment, trailers to combines. This coverage allows farmers to be reimbursed for certain losses and damages and can help their farms operate.

Depending on the scope of their operations, farmers may choose to add additional insurance for further protection. These may include:


• Equine insurance—Horses are often valuable for farm operations, and a single loss might be expensive. This coverage may insure your horses against death, injuries and other hazards. 
• Farm auto insurance—If you use vehicles or tractors for your farm’s operations, you may need coverage to protect these items against damage or other losses. 
• Farm dwelling insurance—If you live on your farm, this policy may provide coverage for your home. 
• Farm liability insurance—Your operations might cause bodily injuries or property damage to various people, including your clients. This coverage may help you repay them for their losses. 
• Farm structures insurance—This coverage may provide coverage for structures on your farm, including barns, grain silos and other properties. 
• Umbrella insurance—An umbrella insurance policy may help protect against liability claims exceeding the limits set on your other liability policies.  

The cost of farm insurance will vary depending on the policies that make up your coverage and the demographic of your farm. To learn more about what may impact your premium cost, reach out to an agent.  

Get Started Today 

At Dolan Insurance Agency, we help you determine which coverage options will best protect your farm. Reach out to an agent for more information or to get started with farm insurance today.