Farm insurance is required if you engage in any type of farm activity or own farm land. The personal liability you get with home or tenant insurance, does not cover liability claims arising from farm activities. When you buy a farm policy you receive both farm liability and personal liability if you insure your house on the same policy.
Most farm policies include the residence and personal contents, personal buildings (not for farm or commercial use) and liability. Coverage for farm buildings, machinery, tools, parts, livestock, feed, grain, and chemicals can also be added. Contact us to find out the insurance options available.
Larger livestock operations, such as hog, chicken and dairy operations require specialized insurance. We have a great selection of markets to help you with your specialized farming operation.
An important item to consider is Voluntary Fire Fighting Coverage. Fire Department charges vary with rural municipalities. Recent claims for fire department calls have resulted in charges between $5000 and $10000 depending on the severity of the fire and the number of fire departments that respond . More than one fire department may respond resulting in charges from both fire departments. Check with your Rural Municipality to determine the fire department charges for your area.
Custom farming and other business operations may require changes to your farm coverage. Most insurance companies limit the amount of custom farming that can be done by farmers. Exceeding these limits can jeopardize coverage. Coverage can often be extended to many business pursuits and commercial exposures. Please inform your broker of any of these activities.
At Prairie Insurance we can help you build the insurance package that guarantees the best value for your premium dollar. We have contracts with a variety of farm insurance companies and we will provide you with a free no obligation quote at your request by phone or online.
In order to protect your crop investment from damage due to hail storms, consider purchasing hail insurance.
Our brokerage sells for the following hail insurance companies. Each company has deductible options which can lower your premium.
- Palliser Insurance
- Co-operative Hail Insurance (a member based company where you will receive dividends after a good year)
- Canadian Hail Insurance
- Rain and Hail Insurance
Each year we send out a letter advising of the changes to the hail insurance industry and the lowest rates for your townships. If you wish to be added to our annual spring mailing list, please let us know!
If you would like a quote please contact us with the crop, number of acres, and land description, and amount of insurance per acre.