Farm insurance basics

The lowdown on insuring your farm.


A farm, like any other property or business, can be covered by insurance to protect not only your land and equipment, but also your family, your workers and even your livestock.

Areas of farm insurance may include home and contents, land and property cover, vehicle cover, liability insurance to protect you against accidents that may occur and business interruption insurance so that you are covered in an instance where your farm cannot run as it normally does. You can also look at covering your working dogs, your stock and your machinery among other things.

The type of cover you need will depend on a number of things including the size of your property, your location and how the property is used. There are different laws in different states, particularly around things like liability, so it pays to speak to someone who has some local knowledge when looking at insurance.