Whitlock Insurance Services protect your farm assets

Farm Insurance: How to Protect Your Valuable Agricultural Assets

You may have a small hobby farm or a large commercial agricultural operation. Either way or anything in between, we can provide the farm insurance coverage you need. Including speciality livestock such as ostriches or emus!

With a demand that requires 24 hours a day, 365 days a year, farming isn’t like any other business.  That’s why it’s important that commercial insurance is specifically designed to meet the unique needs of a farm, no matter the size or production.

Literally, your farm is your life’s work. Leaving yourself inadequately protected could be the difference between seeing your farm operation flourish or flounder.

Basic farm commercial insurance policies offer coverage for:

  • Dwellings
  • Personal Property
  • Farm Structures
  • Machinery
  • Livestock
  • Produce
  • Poultry
  • Farmers General Liability
  • Pollution liability protection

It’s important to understand the individual needs of your farm. Your Insurance Agent can help develop an insurance plan that’s customized just for you and your agricultural operation.

Customized coverage

Every farm operation is different and it’s necessary to your unique farming enterprise that there are options. We can help you build a plan specific to your situation without adding any coverage you don’t need. We offer the following and more, depending on your needs:

  • Comprehensive water coverage
  • Replacement cost coverage
  • Sewer backup coverage
  • Loss of use of farm machinery
  • Power interruption
  • Loss of income protection (business interruption)
  • Increased fire department charges
  • Employer’s liability and voluntary compensation for farm employees (not available in all provinces)
  • Farm accident insurance

Farm assessments

We take the time to get to know you and your farm operation to identify exactly the coverage you’ll need.

Your Insurance Advisor will visit your farm to review your operation as well as your existing insurance coverage to ensure you get a policy that meets all your specific needs. We know that the needs of a large commercial farming operation are far different than those of a hobby farm and that poultry or dairy farmers need different coverage than produce or hog farmers.

Our insurance experts know exactly what to look for, and will conduct a thorough review of your property to ensure that you are getting the quote for the insurance you need. They’ll also give you safety tips and suggestions to help keep you and your farm operation safe.

Protect your hobby farm

Distinct from a large commercial farming operation, hobby farms are smaller farms operated primarily for pleasure. We can provide an insurance package for hobby farmers to be potentially sold as an addition to your regular home insurance.

What qualifies as a hobby farm?

A hobby farm is operated on a significantly smaller scale than a commercial farm. But, if you’re nurturing a veggie garden, regardless of how large and abundant, this is not considered a hobby farm. However, if the land is being rented for farm use or livestock are being kept, it would fall under the category of a hobby farm. Understand exactly what qualifies – CONTACT your local agent to determine your eligibility.

Hobby farm insurance package

While your farm may seem small, it still requires a significant investment of time and energy to keep it at its best. Your investment needs to be protected. We can make sure it’s covered with the following:

  • Dwelling and contents
  • Replacement cost guarantee on your home
  • Extended Water coverage for farm dwellings
  • Dwelling limit for detached structures
  • For produce sellers, coverage loss due to robbery
  • Farm livestock
  • Farm produce
  • Farm poultry and eggs
  • $1 million liability

Optional coverage

You can also choose to add increased coverage limits, farm outbuildings and farm machinery can be covered through additional insurance. CONTACT your agent to talk about hobby farm insurance options.

Do you know if your farming operation – big or small – is adequately covered? Are you looking for a comprehensive farm insurance plan? Get a QUOTE!