Farm and Ranch Insurance – Estate Insurance

Farm and Ranch Insurance
Estate Insurance & Farm Insurance
By: Allen Financial Insurance Group

Contact usfor a no obligation estate insurance or Farm and Ranch Insurance quote today!

Operating a farm and ranch involves a wide variety of risks and no two are farms exactly alike. It’s essential that your farm, ranch or estate property be protected with an insurance policy specifically designed for your operations. It is equally important that the insurance company has a strong financial background and extensive agribusiness experience.

The AFIG Agribusiness Farm and Ranch Insurance & Estate Insurance Policy offers some of the industry’s broadest and most comprehensive coverage available to the farm owner at a competitive preferred price. Coverage is custom designed to meet the specific needs of your operation, from a small acreage pleasure farm to a multiple location commercial farm.

Farm and Ranch Insurance – Estate Insurance White Barn Picture

American Reliable Agribusiness Insurance draws upon more than 75 years of experience protecting American farms and ranches to offer a wide range of coverage to meet the specialized needs of your business. From small hobby farms to industrial agricultural operations, Allianz insures the evolving needs of modern-day agriculture business owners.

You obviously expect a farm or ranch policy to cover the basics; your home, agricultural buildings and farm personal property. You also require protection in the event of bodily injury and property damage that may arise from unique business or personal activities.

The Chubb Group is one of the world’s largest multiline property and casualty insurers. Chubb Agribusiness offers an extensive line of coverage for today’s farming operations. Policies range from Hobby/Gentleman farms to more complex corporate farms and equine services including personal use, boarding and training.

Chubb has the flexibility to customize an insurance program to specifically fit the customer’s needs. The Chubb Agribusiness insurance portfolio is based upon a solid tradition of premier customer service, financial stability and prompt, accurate claims adjustment.

Farm and Ranch Insurance – Estate Insurance Policy

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Equine Liability

Mortality & Major Medical

Farm and Ranch Insurance Policy Highlights

Eligibility – Individuals. partnerships, corporations, limited-liability corporation (LLC) owner or tenant operator.
Format – A Multi-line policy able to include Dwelling, Outbuildings, Personal Property, Farm Equipment, Farm Personal Property, Farm & Stable Liability, Automobile, Livestock care custody control, Watercraft, and Umbrella in one package.
Deductibles – $250 to $25,000
Liability Limits to $25,000,000
Property Limits to $75,000,000

Allen Financial Insurance Group has been servicing farm and ranch insurance clients for over thirty years. In the event of a loss, our clients are secure in the knowledge that their claim will be processed by our in-house claims staff specially trained to handle equine losses.

AFIG Agribusiness Farm and Ranch Insurance policies offers some of the industry’s broadest and most comprehensive coverage available to the ranch and farm owner at a competitive preferred price. Coverage can be custom designed to meet the specific needs of your operation, from a small acreage pleasure farm to a multiple location commercial farm.

American Reliable Farm Coverage

Chubb Farm Coverage Comparison Chart

Four horses in paddocks in front of a two story grey brick house with a gravel driveway.

Preferred Markets

Family Farms and Ranches
Large commercial growers and packers of agricultural products
Cattle Ranches & Feedlots
Grain and Row Crop growers
Horse Farms incl Care Custody Control
Cotton growers
Citrus growers
Dairy Farms
Hobby Farms
Estate Farms
Nut Orchards & Berry Growers
Vegetable Growers & Packers
Vineyards
Wholesale nurseries
Wineries

Specialty Markets

Cotton Gins
Dairy Operations
Farm Products
Farm Supply Stores
Feed Manufacturing
Feed Lots
Feed, Hay and Grain Dealers
Fertilizer Dealers & Blenders incl Application
Flour Milling
Food Processing
Fish Processing & Farms
Fish or Seafood Processing
Elevators & Grain Handling Facilities
Grain Milling
Produce Packing
Seed Merchant

COVERAGE A-- DWELLING

	Replacement Cost Primary dwelling and structures attached to covered dwellings when insured to 80% or more of replacement cost value.
	Inflation Guard Optional on dwelling (including ordinance and law option)
	Satellite Dish/Antenna $1,500 Limit – Higher limit available
	Trees, shrubs and plants within 500 feet of covered dwelling for up to $2,000.

Homeowner vs Farmowner Coverage Differences Explained

COVERAGE B -- OTHER PRIVATE STRUCTURES

Limit
20% of dwelling limit for unattached structures appurtenant to the dwelling not used for farming purposes.
No distance limitation. Higher limits available for charge.

COVERAGE C -- HOUSEHOLD PERSONAL PROPERTY

	Limit 50% of dwelling limit is standard. Higher limits available.
	Property off premises $1,000 worldwide
	Special Limits $2,000 for grave markers $3,000 for securities and letters of credit $3,000 for furs, jewelry, precious stones and watches $5,000 for firearms $ 400 money, gold, platinum, silverware $3,000 for watercraft, outboard engines, watercraft furnishings and trailers $5,000 business property on premises, 10% off premises $5,000 for silverware or goldware.
	Replacement Cost For nominal charge, Coverage C Limit automatically increased to 70% of dwelling limit.
	Refrigerated Products $500 for refrigerated household contents. No deductible
	Credit Card $500 for credit card and fund transfer card forgery and counterfeit money.

COVERAGE D -- ADDITIONAL LIVING EXPENSES

Coverage for necessary increases in living expense if a covered cause of loss renders your home uninhabitable. 10% of dwelling limit

A large red brick, 3 story Ranch House at the end of a long concrete driveway.

COVERAGE E — SCHEDULED FARM PERSONAL PROPERTY

	Newly Acquired Or Replacement Farm Machinery: $100,000 for up to 30 days
	Personal Property of Other: $2,500
	Tack & Related Equipment: No sub-limit for unscheduled items
	Replacement Cost : Available for office contents and tack
	Transportation: $2,000 included
	Farm Records: $2.000 for restoration. No deductible
	Extra Expense: $2,000 included. No deductible
	Livestock: Up to $2,000 per animal available
	Peak Season: Available for seasonal fluctuations

COVERAGE F — BLANKET OR UNSCHEDULED PERSONAL PROPERTY

	Unscheduled farm machinery and equipment
	Farm products in the open for certain causes of loss
	Property in the custody of a common contract carrier $1,000 Limit
	Cost of restoring farm records $2,000 Limit

COVERAGE G — OTHER FARM STRUCTURES

	Replacement Cost: Available when insured to 80% of Replacement Cost. If not insured to 80%, A ctual Cash Value applies.
	New Construction: Automatic $250,000 coverage for 60 days.
	Private Power and Light Poles
	Outdoor Radio & TV equipment, antennas and towers
	Fences, corrals, pens, chutes and feed racks
	Silos, portable buildings and structures
	Improvements and betterments
	Loss of Income: Available for covered perils
	Blanket Coverage: Available for farm buildings other than dwellings

OPTIONAL COVERAGE

	Disruption of Farming Operations
	Earthquake
	Equine Professional Services Endorsement
	Identity Theft Protection
	Farm Computer Coverage
	High Value Dwelling Endorsement
	Trainers Professional Liability
	Livestock Breeders Endorsement
	Livestock Collision Endorsement
	Beekeepers Endorsement
	Watercraft Hull Coverage
	Agricultural machinery rental reimbursement
	Extra Expense and Business Income Coverage
	Transportation Coverage increased limits
	Enhanced Pollutant Cleanup Endorsement
	Sump overflow and water backup from sewers and drains

Homeowner vs Farmowner Coverage Explained

Replacement Cost vs Actual Cash Value

Four people riding horses across a stream on a trail ride.

Two brown horses grazing in a grassy field surrounded by white fences.

Red Barn in the distance. Farm and Ranch Insurance – Estate Insurance

Orchard & Vineyard Endorsement $25,000 replacement cost for damage to tree or vines at insured location $25,000 for loss or damage to harvested orchard or vineyard products at insured location $10,000 for loss or damage to harvested orchard or vineyard products at other than insured location $5,000 for loss or damage to harvested product in the custody of common or contract carrier $5,000 for un-collectable bills due to product damage shipped at buyers risk $3,000 replacement cost for unscheduled signs
Dairy Endorsement $10,000 for spoilage of owned milk $10,000 contamination of owned milk $50,000 for hay, straw and fodder $2,000 per animal livestock collision $10,000 additional extra expense coverage $1,000 per animal livestock theft ($5,000 per occurrence) $100,000 limit for hay per stack (increased from $10,000) Contamination of non-owned milk
Equine Property Endorsement $10,000 Tack & Equipment $5,000 Signs & Entrance Gates $3,000 Fences & Corrals $1,500 Feed & Supplements
Tack Equipment Endorsement Tack equipment including harnesses, bridles & saddles Blanket single limit of coverage Tack off premises extension
High Value Dwelling Endorsement Dwelling replacement cost loss settlement up to 125% of Coverage A Appurtenant Garage increased to 20% of Coverage A Ordinance of Law added up to 30% of Coverage A $10,000 for credit cards, fund transfer cards, forgery or counterfeit currency $7,500 Arson Reward $2,000 Electronic Data Restoration $1,000 Refrigerated Products $1,000 Fire Extinguished Recharge $500 Lock Replacement Removal of fallen trees

COMPREHENSIVE PERSONAL & COMMERCIAL GENERAL LIABILITY

Limits

Occurrence	$300,000 – $1,000,000
General Aggregate	$600,000 – $2,000,000
Aggregate Products/Completed Operations	$600,000 – $2,000,000
Personal / Advertising Injury	$300,000 – $ 1,000,000
Chemical Drift Aggregate	$25,000 – $500,000
Medical	$5,000
Fire Legal Liability	$100,000
Excess Umbrella Liability	$5,000,000

Coverage Options

	Newly acquired or leased premises: Automatically covered during policy term. Must be added at renewal to be covered.
	Broad Form Contractual: Included
	Custom Farming: Included when receipts less than $10,000
	Pollutant Cleanup $10,000 including debris removal (can be increased)
	Automobile: Optional
	Personal Injury: False arrest, slander, wrongful entry and eviction covered
	Advertising: Included
	Incidental Business Pursuits: Available subject to underwriting guidelines for charge
	Catastrophe Liability: Excess liability available with limits $1,000,000 to $25,000,000
	Care, Custody & Control Optional coverage for horse of others under your control with limits $5,000 to $250,000

INELIGIBLE RISKS

	Farms principally engaged in commercial operations other than farming or ranching
	Dude Ranches, religious retreats
	Vacant farms or ranches
	Nursery operations – Retail
	Poultry hatcheries

Flexible Billing

We offer several billing options to make it easier on your budget.

Claims Service

24 hours, 7 days a week toll-free Claim Action Hotline puts you in immediate contact with a claim service representative, enabling you to report claims quickly and efficiently. Prompt reporting helps mitigate the risk of injury or damage and expedites claim handling.