Farm property insurance is a crucial aspect of agricultural business management. It can provide a safety net for farmers, ranchers and other agricultural professionals by protecting their assets from unforeseen disasters.

What Is Farm Property Insurance?

Farm property insurance protects the value of physical assets associated with a farm or agricultural operation. If a covered event damages farm property, the policy may provide compensation up to its limits. This insurance typically covers property relevant to farming operations, which may include the following:

1. Farm machinery or equipment—This may include equipment such as combines, planters, tractors, sprayers, skid loaders, cotton pickers, backhoes and balers. Some policies may also include livestock.
2. Farm dwelling and contents—Coverage may protect the financial value of a farmer’s home as well as personal contents, up to policy limits.
3. Outbuildings—Property coverage can extend to buildings other than a home, such as a barn and machine shed.

Some farm property policies may also offer coverage for liability exposures and additional living expenses, among other risks. Speak with your Atlantic International Company of Georgia insurance agent to learn more about available coverage options relevant to your situation.

Is Farm Property Insurance Important?

Farm property insurance is essential for the following reasons:

1. Financial protection from unforeseen disasters—Farmers are always at risk of unpredictable disasters, which can damage property. Farm property insurance can provide financial protection against unforeseen disasters.
2. Supports financial stability of farm operations—When buildings are damaged, equipment breaks and valuable supplies like feed and seed are lost, farmers can receive money to repair or replace those items. This supports the stability of farm and ranch businesses.
3. Peace of mind—Property coverage as part of your farm insurance policy can provide peace of mind, knowing that your property can be protected in case of a covered loss.

How Much Is Farm Property Insurance?

Contact Atlantic International Company of Georgia to discuss your farm property insurance needs. We can provide a quote for coverage based on your specific operations.