What Kind of Insurance Does a Livestock Farm Need?
- Nate Jones, CPCU, ARM, CLCS, AU
- 4 hours ago
- 2 min read
Running a livestock farm involves risks that can impact profitability and sustainability. From accidents to disease outbreaks, natural disasters, and liability issues, having the right insurance coverage is essential to protect your farm, your animals, and your employees.
This guide covers the most important types of insurance for livestock farms and why they are necessary.
This coverage protects against claims of bodily injury or property damage caused by farm operations. Examples include:
Visitors injured during farm tours or events
Property damage caused by farm equipment or animals
2. Property and Farm Equipment Insurance
Covers your farm’s physical assets, including:
Barns, sheds, and storage facilities
Tools, machinery, and equipment
Feed and supplies
Protects against losses due to fire, theft, vandalism, or natural disasters.
If your farm employs workers, workers’ compensation insurance is required in most states. It covers:
Medical expenses and rehabilitation for work-related injuries
Wage replacement for injured employees
Legal defense costs in case of claims
Protects farm vehicles, including trucks, tractors, and trailers, used for:
Transporting livestock
Delivering feed or products
General farm operations
Coverage includes accidents, property damage, and liability claims.
Explore Now: Farm Vehicle Insurance
Covers the loss of animals due to accidents, disease, or natural disasters. This insurance protects your investment in your herd or flock, minimizing financial loss.
Read More: Livestock Mortality Insurance Basics
Estimated Costs for Livestock Farm Insurance
Insurance Type | Estimated Annual Cost |
Livestock Farm General Liability | $500–$1,500 |
Property & Farm Equipment | $1,000–$5,000 |
Farm Workers Compensation | $2,000–$10,000 (depending on staff size) |
Commercial Auto Insurance | $800–$3,000 |
Livestock Mortality Insurance | $200–$1,500 (depending on herd size) |
Final Thoughts
Insurance is a critical component of running a livestock farm. The right coverage protects your animals, employees, equipment, and overall business operations. Partnering with Wexford Insurance ensures customized policies that fit your farm’s unique needs, giving you peace of mind and financial security.
Contact us today.
