What is Farm Insurance?
Farm insurance protects your investment by minimizing financial risks associated with unexpected events such as a death of a partner, an injured employee, a lawsuit, or a natural disaster.
Farm Insurance is a broad name for different coverages available to the farm owner to protect against losses and to insure the continuing operation of the farm.
Farm General Liability Insurance
A standard insurance policy issued to farming organizations to protect them against liability claims for bodily injury and property damage arising out of premises, operations, products, and completed operations; and advertising and personal injury liability.
Farm Auto Insurance
Covers cars, trucks, semis, and other road vehicles owned by or operated within the farm. Its primary use is to provide financial protection against physical damage and/or bodily injury resulting from traffic collisions and against liability that could also arise therefrom. Farm auto insurance may also offer financial protection against theft of the vehicle and possibly damage to the vehicle, sustained from events other than traffic collisions.
Farm Property Insurance
Covers risk of loss to the farm’s buildings or personal property. Usually includes buildings, personal property of the insured farm or farm owner, personal property of others on site and in the insured’s possession. Coverage can be provided on an all risk or specific perils basis.
Farm Umbrella Insurance
Farm Umbrella insurance is liability coverage that is in excess of specified other farm insurance policies and also potentially primary insurance for losses not covered by the other policies. When an insured farm is liable to someone, the insured's primary insurance policies pay up to their limits and any additional amount is paid by the umbrella policy (up to the coverage limit of the umbrella policy).
Workers' compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue his or her employer for the tort of negligence.
1345 Monroe Ave NW,
Grand Rapids MI 49505
Click Here to Email Us