What Does Farm Insurance Cover?

Farm insurance protects against the financial loss of crops and livestock due to natural disasters such as severe storms and floods. Most insurance contracts cover these types of damage at no additional cost to the farmer, while some provide additional coverage specific to farm animals. Some insurance firms provide additional coverage specific to farm animals for the equipment and building, while others are solely for repairing damaged property. 

When is farm insurance required? 

Farm insurance is required by law in most U.S. states and foreign countries. However, some states do not require farm insurance. Many farmers do not require this cover because their land is not considered at risk of crop failure. However, if you operate a large farm, you may want to consider getting farm insurance to protect your assets should something happen to your farm. In addition to coverages like crop damage, farm insurance provides protection against other risks such as theft, fire, storm, and animals. You can learn from Hanneken Insurance Agency Inc., which serves Little Falls, MN. 

Farm insurance is essential whether you own a homestead or lease a farm. It may be necessary if you are considering buying a farm or selling your farm. Farm insurance can protect you against various risks such as hail, storm, flooding, wind, hail, or water damage on your farm. Farm insurance is also necessary if you breed livestock or grow crops on your farm. Even if you are not actively involved in farming, getting farm insurance is still a good idea. 


Farm insurance can be expensive, but it is worth it because it protects your livelihood. Be sure to research farm insurance coverages before you buy a policy. Farm-related losses are common in agricultural and livestock-based industries. For example, crops are destroyed by bad weather, diseases kill livestock, and natural calamities like floods or storms destroy equipment. To protect your farmland and livestock from these losses, you need to purchase farm insurance. You can get this coverage from a farm insurer or your farmer’s insurance program. Keep in mind that the two types of insurance have different coverage limits. For example, a farm insurance policy may have a higher limit than a homeowner’s insurance policy. For help, reach out to Hanneken Insurance Agency Inc. in Little Falls, MN.