Insurance coverage seed and produce farmers can count on
Whether you work with corn, carrots, or canola, your farm faces different risks and challenges than other types of manufacturing companies. From sowing the seeds to harvesting crops, a flourishing farm rests on a variety of tools, processes, and people. We’re here to help protect your livelihood with coverage to address problems that can arise in the fields.
Farming depends on specialized equipment and exceptional quality control, and there can be costly consequences when things go wrong in either camp. We’ve compiled an insurance policy to address common challenges, concerns, and demands at each step of the way, with coverage options like:
We have some helpful extensions too, like Seed Growers Errors & Omissions and Top-up coverage.
When can farmers’ insurance come to your rescue?
Problems can arise before seeds are even planted, but it can be months before the trouble blooms. Farmers can face major challenges when the weather turns on them, when seeds are compromised, or when their equipment breaks down. Make sure you’re covered for a range of scenarios by adding some specialized Farm Choice policy extensions to your basic Commercial General Liability (CGL), Property, and Auto insurance coverage.
Farm Buildings and Contents
Protect your barns, silos, and everything inside
Spring showers, winter storms, and the ever-present fire and flood dangers can challenge even the sturdiest of buildings. When you keep your greatest assets – equipment, machinery, or your seeds – in your barns and other farm buildings, you may be at risk for a major loss if the weather turns or an unforeseen event strikes.
Fortunately, comprehensive commercial property insurance will help you out in case a fire or a hailstorm ruins your barn, or an electrical event zaps your important machinery. Plus, you can tailor your coverage to suit the type and breadth of your farming operations.
Seed Growers Errors & Omissions
We’ll help you out when your seeds don’t sprout
If your reputation rests on your flowers, there’s a lot riding on your arsenal of seeds. If a seed dealer sold a batch of petunia seeds to a nursery and the seeds failed to germinate for the busy spring season, the nursery could lay the blame – and their loss – on you. The expense could be large, but since no property was actually damaged, property liability coverage may not help you pay back the nursery.
The Seed Growers Errors & Omissions extension aims to pick up where your other insurance left off – when there’s only financial loss and no property damage. If your product fails to perform as expected, you’ll be covered for the economic loss that results, whether the problem is traced to errors in processing, germination failure, or even if your seeds don’t measure up to a specified variety or quality.
Add a bit more for extra peace of mind
Incidents that seem minor on the surface could cost more to fix than you might imagine. If some expensive farm equipment breaks down, a barn collapses, or you suffer another pricey property loss, your basic coverage may not stretch far enough to cover all the costs.
This is where our Top-up extension comes into play. If your policy only provides $15,000 coverage for consequential loss, but you have a $40,000 claim, you could use the Top-up extension ($25,000 of extra coverage) to pay the rest of the claim.
Risk management is a smart investment – we provide it at no extra cost!
We know that the risks your farm faces are different than the risks affecting other manufacturing businesses. We also believe that you can help safeguard your business against your unique set of risks with the right information and some smart guidance.
Our value-added services focus on helping you identify and mitigate the risks your business faces each day. An assessment of your farm buildings, along with thermal imaging of key electrical systems, can help uncover vulnerabilities in your equipment and materials. In-person consultations carried out by experienced risk services professionals can leave you with the knowledge and confidence you need to protect every aspect of the business you’ve worked so hard to build.
Are you ready to set up a comprehensive insurance policy for your farming business?