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Farm Insurance

Farm and Rural Insurance in Victoria
Insurance made easy with Ausure Rutherford Street Insurance Services

Ausure Rutherford Insurance Services can provide a quality solution for your Farm Insurance needs.

Ausure Rutherford Insurance Services have been helping businesses stay protected for a combined 85 years! We pride ourselves on providing our clients with trusted advice and insurance solutions you can rely on – and if the times comes to make a claim, we manage the entire claim for you and fight as your ally. We’re on your side, not the insurers.

What types of Farm Insurance can we help with?

  • Farm and Agriculture
  • Crop Insurance
  • Multi-Peril Crop Insurance (MPCI)
  • Hobby Farm Insurance
  • Livestock Insurance
  • Farm Property Insurance
  • Theft
  • Working Dogs
  • Farm Liability Insurance
  • Machinery Breakdown Insurance
  • Business Interruption Insurance
  • Transit Insurance
  • Home and Contents Insurance
  • Forestry Insurance
  • Valuable items

Important things to know when comparing Farm Insurance.

  • Understand the Scope of Coverage: Farm policies can be complex and varied. It’s crucial to understand what is covered and what is not. For example, certain natural disasters may not be automatically included in standard policies.

  • Valuation of Assets: Ensure that all farm assets are properly valued. This includes livestock, crops, equipment, and infrastructure. Underinsurance is a common issue that can lead to significant financial shortfalls when a claim is made.

  • Business Interruption: Many people may not consider the impact of a significant disruption to their farming operations. Business interruption insurance can provide for loss of income and fixed costs during a period when the farm is not operational due to an insured event.

  • Liability Coverage: Liability risks in farming can be significant, and it’s important to have adequate public and product liability cover. This can protect against claims for personal injury or property damage caused by farm operations.
  • Seasonal Increase: Some policies offer a seasonal increase in coverage, recognizing that the value of stocks (like livestock or stored grain) can fluctuate depending on the time of year.

  • Choice of Repairer: After a loss, you might want to choose who repairs your machinery or buildings. Some policies may not allow you to choose your repairer, so it’s worth checking if this option is available and aligns with your preferences.

  • Replacement Value vs. Market Value: Understand whether your policy provides for the replacement value or the market value of lost or damaged items. Replacement value coverage can be more expensive but can provide for new items without considering depreciation.

  • Multi-Peril Crop Insurance (MPCI): Although MPCI can be comprehensive, it’s still relatively new and not widely understood. Farmers should thoroughly investigate the terms, costs, and potential benefits of MPCI.
  • Insurance for Farm Workers: If you have employees, it’s mandatory to have workers’ compensation insurance, but you may also consider other insurance types that cover your workers for accidents and illnesses.
    Fencing: Damage to fencing can be a major expense, especially on large properties. Not all policies automatically cover fencing, or there may be limits to the coverage, so it’s important to check this detail.

  • Bundling Policies: Bundling various types of insurance under one farm package can sometimes offer cost savings and more streamlined management of policies.

  • Regular Reviews: Regularly review and update your insurance to reflect changes in your farm’s operations, asset values, and external conditions, such as climate change, which may alter your risk profile.

What types of Farm Insurance cover are available?

Farm Motor Insurance

Covers the vehicles that are used on farms, such as cars, motorcycles, tractors, harvesters, and other farm machinery

Crop Insurance

Protects against the loss of crops due to various risks such as drought, flood, hail, or fire. There can be different types of cover for different crops

Livestock Insurance

Provides coverage for livestock against risks such as accident, illness, theft, or attack by wild animals

Farm Property Insurance

Covers farm buildings, contents, and infrastructure against risks like fire, storm damage, or impact damage

Farm Liability Insurance

Protects the farm business against liability claims that may arise due to accidental injury to third parties or damage to their property

Machinery Breakdown Insurance

Covers the cost of repairing or replacing farm machinery and equipment in the event of a breakdown

Business Interruption Insurance

Provides coverage for loss of income and additional expenses that result from an insured disruption to your farming operations

Transit Insurance:

Covers the loss or damage of goods (like livestock or produce) while in transit, either on your own vehicle or via a carrier

Home and Contents Insurance

While similar to regular home insurance, policies can be tailored to suit the rural setting and the associated risks

Multi-Peril Crop Insurance (MPCI)

Covers a wide range of risks for crop producers, including adverse weather, pests and diseases, and market fluctuations.

Hobby Farm Insurance

For smaller or hobby farms, this type of insurance can cover similar aspects as commercial farm policies but tailored to the scale and nature of hobby farming activities.

Our Insurer Partners

Let us do all the hard work for you! We compare policies from multiple insurers to ensure you have the right policy, the right price and most importantly – the right coverage.

360 Underwriting

Let us help you with your Farm Insurance needs.

Prefer to meet in person? Find your local broker here.

Not sure what you need or prefer to get a full risk review? No problem, submit your enquiry here and we will get back to you.

Ausure Rutherford Street Insurance Services are part of Australasia’s largest general insurance broker network, the Steadfast Group. We leverage Steadfast’s scale to ensure our clients have access to a wide range of insurance companies, a broad range of products, exclusive policy options, and of course, competitive pricing. And when the time comes and you need to make a claim, you will have the backing of Steadfast behind you.

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