Farm Ranch Insurance to fit your budget and needs
Farm Ranch Insurance in Decatur, GA
What Is Farm Insurance?
Farm insurance is a type of insurance that provides coverage to farm owners or operators. It safeguards a farm’s assets, such as buildings, agricultural machinery and equipment, animals, produce, and more.
Having the proper farm insurance coverage in place will keep your mind at ease in the case of a loss. Without farm insurance, a disaster could leave you without the essential structures or equipment to run your farm, you may have to defend yourself in court, or you could be forced to pay out-of-pocket fees to get your farm back up and running. These situations can be devastating, and that’s why we at Focus Insurance Group provide coverage for farms and ranches in Decatur, GA.
With the right farm insurance coverage, you might be able to resume operations as quickly as possible following a loss, reducing the overall impact to your finances. Give Focus Insurance Group a call and ask about farm insurance!
Do I Need Farm or Ranch Insurance?
The first step in evaluating if you require farm or ranch insurance is deciding whether your residence qualifies as a farm or ranch. A basic home insurance policy may not provide enough coverage if it does. We’ve broken down several deciding criteria to assist you if you need farm or ranch insurance. If you answered “yes” to any of the following questions, you likely require farm insurance.
Are there any additional structures on the property?
Other than a pool and a garage, do you have any other structures on your property? If this is the case, you may require farm insurance.
Additional structures that are often covered by a farm policy include barns, sheds, stables, and other structures. You might consider purchasing farm insurance if you have a smaller structure, such as a garage or greenhouse, to grow food or plants for sale. You do not need a farm or business insurance policy if the money from the commercial activity does not exceed the incidental income limit of your home’s insurance policy.
Does anyone work on the property?
You may need farm or ranch insurance if you employ anyone to work on your property, regardless of their responsibilities. Workers are a liability if they are performing job responsibilities on your land, whether they are harvesting agricultural or tending to livestock. Some states even require a workers compensation coverage to be in place if there are two or more employees.
Do you need insurance for your animals
Insurance needs will depend on how much income your animals produce and how much your animals are worth. For example, you generally don’t need farm insurance if you merely have a few chickens or a pet pig. Again, even if you meant to sell the eggs laid by your chickens or the pig for slaughter, the earnings wouldn’t exceed the incidental income limit of your house insurance policy. On the other hand, if you stable several horses, you may need farm insurance to protect your assets.
With the right coverage, farmers and ranchers can rest easy knowing that they are protected from the many risks that come with operating a farm or ranch. At Focus Insurance Group, we offer a wide range of Farm and Ranch insurance options to meet the needs of our clients. Contact us today to learn more about how we can help protect your farm or ranch.
Even if you don’t need farm insurance, you may want to insure your animals separately. If your pet’s health is extremely important to you, you might get pet health insurance coverage – dogs, cats, and other animals, including pet pigs, are all insurable.