What Kind of Insurance Do You Need for Your Farm Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Dec 8, 2025
- 2 min read
Owning a farm is a rewarding venture, but it comes with risks that can impact your operations and financial stability. From equipment breakdowns to liability claims, having the right insurance coverage is essential for protecting your investment.
In this guide, we’ll explore the types of insurance every farm business should consider and why they matter.
Essential Insurance for a farm Business
Farm liability insurance is critical for protecting your business from lawsuits and claims. It can cover:
Injuries to clients, staff, or visitors
Damage to third-party property
Claims related to boarding, training, or farm activities
For equine or livestock farms, liability coverage is particularly important due to the risks associated with large animals.
Property insurance safeguards your farm’s physical assets, including:
Barns, stables, arenas, and fencing
Feed storage and crop facilities
Farm equipment and machinery
Tools and tack
Standard homeowner insurance rarely covers business operations, so a dedicated farm policy is essential.
Personal auto policies often exclude farm use. Commercial auto insurance is necessary if your farm uses vehicles for:
Hauling livestock or horses
Transporting feed, crops, or equipment
Driving to events or client locations
This coverage protects vehicles, trailers, and drivers involved in farm operations.
Farm equipment represents a significant investment. Equipment insurance protects:
Tractors and attachments
Utility vehicles and trailers
Irrigation systems and power tools
Specialized equine or livestock equipment
This coverage ensures that damaged or stolen equipment can be repaired or replaced without crippling your operations.
If your farm has employees, workers’ compensation insurance is crucial. It covers:
Medical expenses for work-related injuries
Lost wages due to temporary or permanent disability
Legal costs from workplace claims
Even part-time or seasonal employees may require coverage depending on state laws.
Weather, pests, and disease can devastate crops and lead to significant financial losses. Crop insurance helps mitigate these risks, providing peace of mind and stability for your farming business.
How to Choose the Right Coverage
Every farm is unique. Consider:
Number and type of animals
Value of property and equipment
Number of employees
Services offered (boarding, training, crop production)
Seasonal risks and environmental hazards
Working with a specialized agency like Wexford Insurance ensures your farm has tailored coverage for its specific risks.
Final Thoughts
Insurance isn’t just a safety net—it’s a vital part of running a successful farm business. The right coverage ensures your farm can withstand unexpected challenges and continue to thrive. At Wexford Insurance, we specialize in farm insurance solutions tailored to your needs.
Contact us today.
