Farm Insurance

That’s why farm insurance can help protect your farm and its produce, and the wellbeing of you, your family and the people that pass through your property.

Who should consider it?

What can it cover?

Farm insurance can be tailored to cover your home and farm buildings, livestock, vehicles, equipment and more. It can also safeguard you against theft and loss of income. For example, a typical farm pack can cover:

Potential benefits:

• Home property – Domestic property and belongings from defined events or accidental damage. Cover may include buildings, contents, personal effects, legal liability and/or domestic workers compensation cover.
• Farm property – Physical loss or damage to farm property caused by defined events or accidental damage.
• Public and products liability – Claims by third parties for personal injury and/or property damage and/or legal costs in connection with the farming business.
• Accident and sickness cover – Regular payments to help keep your business running if you’re injured or fall ill.
• Livestock – Death or loss of livestock due to specified events.
• Machinery breakdown – Damage to electrical and mechanical machinery, boilers and pressure vessels for loss or damage caused by breakdown.

What usually isn’t covered?

Exclusions, the excess you need to pay and limits of liability can vary greatly depending on your insurer. Policies generally won’t include cover for:

• Loss or damage to property caused by gradual deterioration or wear and tear.
• Flood.
• Loss caused by earth movement unless the earth movement occurs within 72 hours of certain events.
• Damage caused by tenants unless the risk is accepted by the insurer.