Hobby Farm Insurance

Even if your hobby farm isn't your main source of income, it still deserves the right protection against losses caused by many kinds of disasters. From storms to vandalism and beyond, many unforeseen risks that could possibly destroy your land, equipment, or other property and cost you in more ways than one. Thankfully, hobby farm insurance is designed to help.

An independent insurance agent can also help you find the right hobby farm insurance for your specific needs. They'll get you set up with coverage before the time ever comes to file a claim. But first, here's a deep dive into hobby farm insurance.

What Is a Hobby Farm?

Though hobby farms can vary widely, the main aspect they have in common is that they're not used as a primary source of income. Whatever the livestock, crops, or other details of what's on your land, if it's not the main source of income for your household, your farm is probably a hobby farm. Regardless of its classification, though, your hobby farm is important to you and your family, so it needs to be covered.

What Does Hobby Farm Insurance Cover?

Hobby farm insurance includes a broad range of important coverages for small farm owners. From your barn to your chicken coop, hobby farm insurance has you covered. There are also additional coverages that can be added onto your policy's core coverages for the specifics of your hobby farm.

Hobby farm insurance often covers the following:

Farmhouses: Your home on the property is covered by hobby farm insurance, just like it would be with a homeowners insurance policy. But with farm insurance, it's grouped into one policy.
Livestock: Your livestock is covered against injury or death. Note that the cause of the injury or death to the livestock must be listed on the policy, however.
Crops: Your crops are covered against many perils, including a few types of storm damage. Some policies may even include coverage for pests.
Equipment and machinery: Your hobby farm's equipment and machinery are covered against many perils as well. Though your farm may not have as much equipment as others, it would still be expensive to replace out of pocket.
Barns and other structures: Your barn, equipment buildings, pole barns, and more are covered against many perils, too. These range from vandalism to fire damage and more.

An independent insurance agent can help you build the right hobby farm insurance policy for you.

Additional Hobby Farm Coverages Worth Considering

After you've secured the main coverages your hobby farm needs, it's time to consider adding specifics tailored to your unique property's needs. Your independent insurance agent can help you choose the most important coverages for you, but here are a few of the most commonly added:

Fire: Though fire coverage is typically included to some extent, there are some important exceptions to be aware of, such as if your pole barn is 25 acres away from the main property with no access to water.
Fencing: Since fencing ranges in price and quality, coverage for it is normally in the form of an endorsement that gets added to the main hobby farm policy.
Bee coverage: If you operate a honey-producing, beekeeping hobby farm, having additional protection for your bees against numerous disasters is crucial.
Windmill coverage: This coverage is only applicable if your hobby farm has one, but windmills often need their own separate coverage.
Silo coverage: If your hobby farm has a silo for decoration or to house harvested crops, you may need separate coverage for it.
Poultry and eggs: Another coverage typically added as an endorsement to the main policy is coverage for poultry and eggs against many threats like theft, natural disasters, etc.

Do Hobby Farms Need Business Insurance?

If you're making money from your hobby farm, you may need a couple of types of business insurance to add to your farm insurance policy.

Business policies commonly added to hobby farm insurance:

Commercial vehicle coverage: Protects your cars, trucks, and trailers that are used for hobby farm business purposes. Coverage can qualify as a business auto policy, depending on how your vehicles are titled.
Commercial umbrella coverage: Extends the limit of liability coverage beyond your standard hobby farm policy's limits. If you have a lot of visitors on your hobby farm or your products end up in homes or farmers' markets, it's a good idea to increase your liability coverage with an umbrella policy.

An independent insurance agent can help advise you on which coverages would make the most sense to add to your main hobby farm insurance policy.

More Reasons to Consider Getting a Hobby Farm Insurance Policy

Typically, hobby farm insurance isn't mandatory, but depending on what you're producing and selling, you may have different insurance requirements. Farmers' markets may require proof of insurance before working with you or purchasing your product. Make sure to double-check with an independent insurance agent if you have any doubts about whether you should get coverage for your hobby farm.

But beyond commercial relations, you need coverage for your hobby farm for many reasons. Here are just a few of the biggest:

Homeowners insurance doesn't cover hobby farms: Homeowners insurance policies won't cover your hobby farm against disasters the way they do regular homes. Standard homeowners insurance excludes business and farming activities.
Liability protection is a must: From visitors to commercial clients, your hobby farm is likely to interact with the public quite a bit. That's why you need liability protection against lawsuits stemming from injuries, illnesses, and more that relate to your hobby farm.
Loss of income: Even if your hobby farm isn't your main source of income, losing this income stream could still hurt your family after a disaster. You can often find loss of income protection in hobby farm insurance, or add it on if not.
Customizable coverage is important: Your hobby farm might differ greatly from your neighbor's down the road. That's why it's critical to find a policy that can be tailored to your specific property and its needs.

An independent insurance agent can further advise on why it's necessary to protect your hobby farm with the right type of coverage.

Hobby Farm Insurance Discounts

There are a few common discounts you could earn on hobby farm insurance to help you save on premium costs. Here are some of the top examples:

Multi-policy discounts: If you bundle your hobby farm insurance policy with another type of coverage, like auto insurance, through the same carrier, you could save quite a bit on both policies.
Safety measures discounts: Insurance companies often reward hobby farmers who take extra safety precautions on their property, like having sprinkler systems in buildings and plenty of fire extinguishers handy.
Claims-free and loyalty discounts: Insurance companies commonly reward policyholders who remain claims-free for a period of time, as well as those who have been with them for several years.

An independent insurance agent can help you find any qualifying discounts you can earn on your hobby farm insurance today.

Best Hobby Farm Insurance Companies

Hobby farm insurance is available from many different insurance companies, and the best way to find the right carrier for you is through working with an independent insurance agent. They know which insurance companies to recommend to meet your needs and can provide informed suggestions based on company reliability, rates, and more.

While many insurance companies could create a hobby farm insurance policy for you, finding coverage could also depend on the area you live in. Here are a few of the top companies for hobby farm coverage.

Top Insurance Hobby Farm Insurance Companies	Star Rating
Nationwide
The Hartford
Markel
Travelers
American Family

Why Work with an Independent Insurance Agent?

Independent insurance agents simplify the process of finding the right coverage by shopping and comparing hobby farm insurance quotes for you. They have access to multiple insurance companies, ultimately finding you the best hobby farm coverage, accessibility, and competitive pricing while working for you. And down the road, your agent will be there to help you file claims or update your policy as necessary.

Find an Independent Agent

Find an Insurance Company

What type of insurance do you need?

Business Type

Business Articles

Auto & Vehicle Insurance

Property Insurance

Other Insurance

Insurance Solutions & Resources