Raising livestock and poultry to sell can be unpredictable and risky. That's why a solid and affordable livestock or poultry insurance policy is a necessity. This insurance protects your investment from those unexpected events and accidents that can decimate your animals and your livelihood. Farm animal insurance can be customized to cover your specialized animal group, whether you have cattle, pigs, sheep, emu, goats, chickens or any combination of these on your farm.
Cattle and other livestock face mortality risks caused by accidents, sickness and disease. There are blanket coverages that apply to most livestock and poultry, and specialty coverages for specific groups of farm animals, such as cattle, sheep, goats, pigs, hogs, chickens, and emus.
The starting point for your operation will likely be farm or farm operations coverage and a limited animal mortality policy. Normally, these can be combined into a farm package that will protect your facilities, structures and your livestock or poultry in the event of death caused by accident or injury. Some insurers may include a more comprehensive animal mortality policy that includes sickness and disease or policy options for a specialized type of animal. There are three ways to cover your animals:
Your per-head cost will be determined by the coverage you choose. Obviously, the per-head price for an individual policy will be more than the per-head cost of the blanket or herd policy. Keep in mind that some farm policies may cover certain broad perils, but exclude sickness and disease. Make sure you understand the details of your coverage.
These policies cover a broad range of death causes and may be divided into two kinds of coverage:
Cattle mortality insurance is animal mortality insurance that specifically covers your cattle. You may want to consider additional coverages for your cattle operations during the feeding and growing stage. Whether you have dairy cows or raise cattle on feedlots or pastures, you can get optional coverages that fit your needs. Here is a sampling:
As with cattle insurance, most companies offer amendments to a standard policy that is relevant to your pig operation. Many insurance companies that provide livestock insurance will cover swine raised in a restricted area. These packages cover specific causes of death only. For example, you may choose protections for barn fires, specific weather events, accidental drownings, falling objects, and so on. Some options might include:
Your sheep and goats are usually covered as part of your farm package. Farm insurance covers your facilities and structures, as well as your sheep and goats. Normally, a general farm or agribusiness policy will not cover death by sickness or disease, but will cover accidents, weather events, death while transporting and things of that nature. If you have high-valued sheep or goats that you want to insure individually, you should consider a specialized animal mortality policy.
An independent Trusted Choice member agent can find you specialized animal mortality coverage, if it is available in your state, for your specific sheep farming needs. Your agent can help finding sheep insurance that will give you peace of mind.
Poultry insurance policies are customized to protect you from the risks that your poultry operation faces. Whether you raise chickens, turkeys or even emus, there is an insurance option that can protect your investment.
Most policies are designed for direct physical damage caused by a broad range of perils. Your insurance can be amended with applicable options if necessary. The standard policy may also compensate you for removal of carcasses and transporting poultry by contracted carriers, for example. Sickness and disease are not covered under these policies. Here are some of the add-ons you can choose from:
If you've invested time, money and resources into your animals, or if your livestock is your livelihood, make sure you have sound and affordable farm animal insurance.