Farm and agricultural insurance is designed to protect farms and other agricultural businesses from risks and potential losses. This ranges from weather-related property damage to liability claims from members of the public, along with other losses that can occur while running a farm or agribusiness.
At Fitton Insurance, we specialise in providing agriculture, livestock, cattle, farm and crop insurance. Based in Toowoomba, Queensland, we provide comprehensive insurance to businesses Australia-wide. Below, we explore why it’s important to insure your farm or agricultural business and the potential losses that can occur.
What do Farm & Agricultural Insurance Policies Cover?
Insurance policies for farm or agricultural businesses can vary depending on your specific needs. Our farm package insurance, for example, is designed to protect farmers and their operations from a diverse range of risks and can cover:
- Home insurance
- Farm and general property insurance
- Motor vehicle insurance
- Public and product liability insurance
- Machinery breakdown insurance
- Computer and electronic breakdown insurance
- Theft insurance
- Land transit insurance
- Business interruption insurance
Farmers can customise their insurance policies based on their unique circumstances and risk levels.
Unexpected natural disasters can result in disaster for many farmers. Unlike blight or drought, events like hail and fire can destroy a portion of crops rather than being managed through other means. Crop insurance is designed to help farmers recover their investments during such a loss. The pre-harvest revision or post-harvest declaration is available through different policy options with the ability to adjust the excess based on your risk level.
Weather Protection Insurance
Weather protection insurance, meanwhile, provides financial protection against adverse weather-related risks. This includes a lack of rainfall that reduces yield or destroys crops as well as frost damage, excess rainfall, extremely high temperatures and strong winds.
Farmers and agricultural businesses can also invest in livestock insurance to provide financial protection against the death or loss of livestock due to accidents, disease, theft, natural disasters and other unexpected events. This can offer peace of mind for farmers and ranchers where the loss of their animals can impact their livelihood.
Specialists in Agriculture & Farm Insurance in Australia
As a licensed general insurance brokerage in Queensland, Fitton Insurance can help you find the right insurance for your agriculture or farm business through several specialist providers. Get in touch with our team and we’ll discuss your needs and the kinds of policies that are suitable for your unique circumstances. Call us today on 1800 076 277.