Who Needs Farm Insurance?
Farm insurance is essential for anyone involved in agricultural operations, whether on a small or large scale. This includes traditional farmers, ranchers, hobby farmers, and even landowners who lease their property to others for agricultural use. Essentially, if you derive income from farming activities or maintain land or equipment related to farming, you likely need farm insurance. Bixler Insurance provides farm insurance in Fort Wayne, Decatur, IN, Bluffton, IN, Portland, IN, New Haven, IN, Geneva, IN and surrounding areas.
Farmers and Ranchers: These are the most common policyholders. Whether they raise crops, livestock, or both, farmers and ranchers face numerous risks — from natural disasters like droughts and floods to disease outbreaks and equipment breakdowns. Farm insurance helps cover property damage, crop losses, livestock loss, liability issues, and even lost income due to covered disruptions.
Hobby Farmers: Even if farming isn’t your primary source of income, insurance is still important. Small-scale or part-time farmers who raise a few animals, grow produce for local markets, or keep bees might think their homeowner’s policy provides enough coverage. However, most standard home insurance policies exclude farming-related liabilities. A farm policy tailored to small operations offers much-needed protection.
Agri-business Owners: Individuals who run agricultural businesses such as dairies, vineyards, orchards, or poultry farms also require specialized insurance. These businesses often have unique structures and equipment that require specific coverage for loss, theft, or damage.
Landowners Leasing to Farmers: If you own farmland and lease it to others, you could still be liable for accidents or injuries that occur on your property. Farm liability insurance can protect you from lawsuits and claims, even if you’re not actively farming the land.
Custom Operators and Farm Contractors: Those who perform work on others’ farms — such as planting, harvesting, spraying, or hauling — should also carry farm insurance to protect their equipment and reduce liability.
In short, if you’re involved in any agricultural activities — no matter the size or income — farm insurance helps safeguard your property, finances, and livelihood. It provides peace of mind in an industry where unexpected events can have serious consequences.
Please reach out with any questions you might have, and we will be happy to help.