As a farmer, have you ever asked yourself: "Do I need insurance for my farm?"
The answer is YES! You absolutely do.
According to reports from the Economic Research Service, US Department of Agriculture, approximately $ 451 billion of America's gross cash income comes from farms alone,
To continue this prosperity and to protect farm interests, farmers need to worry about more than only the necessities of manpower and equipment.
They need reliable and dedicated insurance coverage to protect their farm from unwanted lawsuits and losses.
Farmstandsförsäkring protects your farm against risks and losses that may arise due to property damage, accidental damage and third party claims.
With this insurance you can be sure that your farm activities and property are protected in adverse events.
Agricultural insurance usually covers these losses:
Damage to property
When you run your farm, you may be held liable for damaging or destroying third party property.
Suppose your tractor accidentally damages the visitor's car by bumping into it. Or your equipment catches fire that spreads and destroys a nearby property.
In such scenarios, your insurance policy acts as your safety net to protect your farm from large losses.
Medical claims are usually due to bodily injuries acquired on the farm's premises. ] These claims may include both physical and mental damage to agricultural land.
For example, a visitor may be harmed as a result of being chased by your pets. Or someone could be affected by a fall due to the farm's slippery ground.
To be safe in such circumstances, you need agricultural insurance that covers all such accidents and damages that have occurred on your farm property.
If you allow public visits to your farm, you need insurance coverage for activities related to agriculture and agritourism.
However, most traditional farm policies do not insure such activities.
To be sure, discuss the specific requirements for your farm business with your insurance provider. It helps to ensure that you are protected against such claims if they arise.
The coverage covers liability for products grown on your farm and sold to consumers in their original form, ie. unprocessed products.
Let's assume that your farm grows apples and sells them to the public. If apples cause food poisoning or disease in consumers, your farm insurance covers the liability that arises as a result of such a case. processed form.
Let's say you grow strawberries on your farm. You then turn them into a jam, which you sell to customers on your farm. If the customer gets food poisoning after consuming your product, the agricultural insurance is not enough to protect you.
For such processed products, you need additional commercial insurance to protect your food rack.
At Paradiso Insurance, we understand that each agricultural property is unique. That is why we strive to ensure that your farm is protected against any risks. Contact us at (860) 684-5270 or visit our https://www.paradisoinsurance.com/ to learn more.