4 things to know about farm insurance
Farm insurance is a specialized type of insurance coverage designed to protect farmers and their agricultural operations from various risks and uncertainties. Here are four important things to know about farm insurance: 
- Coverage for Farm Property: Farm insurance typically provides coverage for various types of property associated with farming operations, including buildings, equipment, machinery, livestock, and crops. This coverage helps protect against risks such as fire, theft, vandalism, natural disasters, and other potential damages to farm property. Campbell Insurance Agency provides farm insurance in Omaha, NE, Papillion, NE, Bellevue, NE, Council Bluffs, IA, Treynor, IA.
- Liability Protection: In addition to property coverage, farm insurance also includes liability protection. This coverage is essential for farmers as it safeguards them against potential lawsuits or legal claims that may arise from bodily injury or property damage caused to others due to their farming operations. Liability coverage helps cover legal defense costs and potential settlement amounts.
- Crop Insurance: Crop insurance is a specific type of coverage within farm insurance that focuses on protecting farmers’ crops from various risks that could lead to crop loss or damage. This coverage helps farmers mitigate the financial impact of events such as adverse weather conditions, pests, disease outbreaks, or market fluctuations. Crop insurance policies are typically tailored to the specific types of crops grown and the risks associated with them.
- Customizable Policies: Farm insurance policies are highly customizable to meet the unique needs and risks of individual farmers and their operations. Farmers can choose from a range of coverage options, deductibles, and policy limits to ensure they have adequate protection for their specific situation. Insurance providers may offer additional coverage options such as livestock mortality, farm machinery breakdown, business interruption, or farm pollution liability, among others.
It’s important for farmers to work closely with knowledgeable insurance agents or brokers who specialize in farm insurance to assess their specific risks and determine the most appropriate coverage options for their operations. Please call us today.