Farm insurance is an important topic for anyone in Texas who owns a more rural property or one that is categorized and used as a farm or ranch.

Because these properties experience different types and different levels of risk, property insurance is also different, so the standard homeowners or business insurance policies may not apply.

To properly and appropriately protect any rural agricultural property, owners should discuss their needs with a representative of a local farm insurance agency who can help with a policy that covers the right things.

Protecting Homes, Garages, and Other Structures

Ranch and farm insurance, also known as rural homeowners coverage, is a multi-part policy that begins with covering the home and associated buildings on the property.

A rural home policy is basically a conventional homeowners insurance policy that covers the usual things that any standard policy covers.

Where the policy differs is in how it treats other buildings on the property.

Detached garages and sheds that are technically a part of the home site can be covered as add-ons to the main policy, but other structures including agricultural buildings, livestock sheds, storage barns, and more are covered under their own agricultural structures policy.

Protecting Farm and Ranch Machinery and Equipment

In addition to the rural home policy and the agricultural buildings policy that protect those parts of every farm and ranch, farm insurance agencies offer separate policies to protect machinery and equipment from damage.

These specialty farm insurance policies cover dedicated agricultural machines and equipment as well as some farm vehicles that are used only on the property.

Other vehicles like trucks and cars that go off the property might also be covered under commercial auto insurance.

Every farm owner should discuss the use of these vehicles with their agent to determine which policy will provide the right coverage.

Protecting Livestock and Other Farm Products

Livestock and other things that are grown, raised, or made on a farm or ranch are all considered products and are covered under their own insurance policies.

Livestock policies cover animals against injury or death.

Farm product policies cover loss of product and are offered as crop insurance policies for planted crops and other product loss policies for stored grains and farm-grown or made items.

Farm and Ranch Liability

Like any other business, farms and ranches should also be covered with an appropriate liability policy purchased from a farm insurance agency.

These policies protect farmers and ranchers against damage and injuries caused by animals, injuries that happen on the property, and some cover product liability as well for businesses that sell farm-grown and farm-produced items.

Protect Farm Businesses With Total Farm Insurance Coverage

Farms and ranches are rural properties that require specific insurance to cover all of their many components, from home dwellings to agricultural buildings to whatever the business produces.

Farm and ranch owners looking to purchase the right policy and coverage should discuss their property and business with an agent from a farm insurance agency who knows these properties and how they must be protected.

With the right rural home and agricultural business insurance policies, any Texas farm or ranch can operate with all the necessary protection should some kind of loss occur.