Farming and rural property ownership come with inherent risks that can lead to significant financial strain. From extreme weather events like droughts, floods, and storms, to the unpredictable threats of crop failure, livestock disease, and machinery breakdowns, these challenges can leave a lasting impact on your livelihood.
A tailored farm or rural insurance pack can help provide crucial protection against these risks, covering not just your property but also your livestock, crops, equipment, and daily operations. With the right coverage in place, you can help safeguard your business and maintain stability should the unexpected happen.
What is Farm Pack Insurance?
Farm Pack (or Rural Pack) insurance in Australia is designed to cover the unique risks faced by farms and rural businesses. A Farm Pack insurance policy offers a flexible package that allows farmers to tailor coverage to suit their specific needs.
Policies can vary by the nature of the activities and the insurer, however a typical Farm Pack policy can include:
- Home and Contents:
Protects farmhouses/homesteads and personal belongings against damage from fire, storms, theft etc. - Farm Property:
Covers buildings, sheds, silos, fencing, and other infrastructure. - Livestock:
Protection against livestock death or injury, due to events like fire, storms, or theft. - Machinery and Equipment:
Covers farm machinery, including tractors, harvesters, and other equipment, against damage, breakdown, or theft. - Crop Insurance (optional add-on):
Protects against weather-related damage, pests and disease. - Public and Product Liability:
Covers legal costs and claims if someone is injured or property is damaged as a result of farm operations. - Workers' Compensation:
(For applicable states where Workers Compensation is available through brokers only) - Covers medical costs and lost wages for employees who are injured on the farm. - Business Interruption:
Provides income protection if farming operations are disrupted due to an insured event. - Theft and Money:
Covers theft farm property, livestock, or cash. - Motor Vehicle and Farm Utes:
Covers farm vehicles, trucks, and utes for damage, accidents, or theft.
How Coverforce can help
At Coverforce, we understand the complexities of farm and rural property insurance. Our experienced brokers work closely with you to assess your specific risks and tailor a comprehensive Farm Pack insurance solution that meets your needs. Whether you're looking to protect your property, livestock, equipment, or income, we can provide expert advice and personalised coverage options to help ensure you are fully protected.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Farm Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
Request a quote
