What is farm insurance?

Farm insurance is specialist insurance specifically for individuals or companies in the agricultural sector. It’s designed to protect buildings, equipment, stock, and staff, and in most cases, will be made up of a selection of insurance products chosen to meet the customer’s specific requirements.

Do I need farm insurance?

Anyone involved in agricultural work could have a need for farm insurance, whether they run a hobby farm, smallholding, larger working farm, or country estate.

What covers usually make up a standard farm insurance policy?

A standard farm insurance policy (or policies) will usually cover a wide range of aspects to ensure you are protected against all potential risks. This means including covers such as farm buildings insurance; farm contents (e.g. machinery and plant, arable ‘inputs’ and growing crops, computers, mobile phones, GPS/satellite navigation equipment etc); livestock; vehicles; business interruption and loss of revenue; employers’ liability; public and products liability ; directors and officers liability; personal accident and sickness; environmental impairment liability; goods in transit; commercial legal expenses; and household buildings, contents and personal belongings.

Are there any add-ons I might need to consider?

There are various additional covers that can be added on to a standard policy. For example, livestock disease cover; fatal injury to livestock; hail damage cover; engineering cover for renewable energy plant such as biomass boilers, wind turbines, and solar panels; special events insurance if your land is used as a corporate, wedding, or festival venue; and key man insurance , which protects a farm business against financial loss resulting from the sickness, injury, or death of an individual who is key to its success. Additionally, risk management services should also be considered . It’s important to discuss your circumstances with an independent insurance adviser to find out whether or not you would benefit from any add-ons. They can prove hugely valuable if relevant to your business, but there’s no point in paying for cover that you’ll never use.

Does farm insurance cover vehicles and equipment?

Yes, standard farm insurance policies should provide cover for anything from a single quad bike up to a large fleet of farm vehicles. Cover can include commercial, agricultural, and private vehicles, as well as machinery, GPS equipment, trailers, attachments and implements.

Are there any common exclusions I need to be aware of?

All policies will have exclusions, but these should be pointed out to you and carefully reviewed before you sign on the dotted line. Two of the most common exclusions are damage caused by wear and tear, and damage to third-party property that’s in your care, custody, or control.

How much does farm insurance cost?

It’s very difficult to answer this question, because premiums vary according to each policyholder’s individual circumstances. The cost will depend on the size of your farm, the level of cover you select and your claims history, among other factors. But, as a rough guide, smallholding policies can be available for as little as £500 per year, while the largest farms and country estates will pay in excess of £100,000. A good attitude towards risk and health and safety will help to keep insurance premiums down.

How should I go about finding the right policy for me? Or checking that my existing policy is still adequate?

Whether you’re just starting out, changing/expanding your business, or simply looking to review your current levels of cover, the first step is to find an independent insurance adviser with knowledge and expertise in farm insurance. Each farm and smallholding will be unique – especially these days, as the public’s interest in self-sufficiency grows and agricultural businesses become increasingly diverse in order to remain profitable. An experienced insurance broker will be able to identify your specific needs and advise you accordingly. They will also have access to several markets in which to search for the most suitable policies.

What diversification do you cover?

We provide a commercial insurance service in addition to farming and agriculture, so will be able to approach a wide selection of insurers to place diversified risks.

Are you tied to one insurer?

No, unlike some of our competitors, we are able to select from a wide panel of insurance companies. Risk appetite differs between insurers and we are able to choose the best policy for you at the most competitive price.

Farm Insurance | Comprehensive Cover

Name: Farm Insurance
Brand: Alan Boswell Group
Rating: 4.9 (1420 reviews)

Farm Insurance

Comprehensive cover protecting against financial losses due to property damage, liability claims, and other risks inherent to the farming industry.

Unique product only available to Alan Boswell Group

In-house claims team for speedy and efficient service

Specialist team with extensive experience in farm and agricultural insurance

Farm insurance is essential no matter the type of farm you operate. It safeguards your buildings, staff, stock, and machinery. Quality farm insurance provides cover for all these and more, offering you peace of mind knowing your livelihood is protected.

As farming becomes more diverse it makes sense to seek professional advice to ensure all risks are appropriately covered.

The Alan Boswell Group Difference

Farming is one of our fields of expertise. As a UK farm insurance broker we really do believe you reap what you sow. We have heavily invested in our farming expertise with dedicated farm experts across our offices, our own unique farm scheme, and farm specialists within our claims team. The advice provided and insurance we offer is specifically designed with farmers in mind.

How our customers rate us

Spot on with communication and assistance.

Mr Wells - Farmers Combined Insurance

4.9/5 1420 reviews

Farm insurance in detail

There is a vast array of products available for farm and agricultural businesses, with a number of additional products and covers available dependent on the activities of your farm.