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Agricultural Insurance Types

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Livestock Insurance

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Covers livestock against death caused by accidents and diseases including certain epidemic outbreaks.

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Multi-Peril Crop Insurance (MPCI)

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Covers crop losses due to a wide range of natural hazards including drought, freeze, disease, and flood among others.

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Organic Farm Insurance

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Offers specialized coverage to meet the unique needs of organic farms, including certification loss and contamination by pesticides and genetically modified organisms (GMOs).

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Crop Insurance

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Protects against the loss of crops due to natural disasters or the loss of revenue due to declines in the prices of agricultural commodities.

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Revenue Insurance

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Insures against unexpected decreases in agricultural production or revenues, often based on historical average yields or prices.

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Crop-Hail Insurance

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Provides protection for crops against damage caused by hail and sometimes fire and lightning.

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Farm Liability Insurance

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Provides liability coverage to protect the farm owner against legal claims from accidents, injuries, and damage to other people or property.

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Weather Insurance

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Provides financial protection against losses caused by adverse weather conditions such as excessive rain, drought, frost, or snow.

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Farm Property Insurance

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Covers farm homes, outbuildings, machinery, and equipment against damage or losses.

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Greenhouse Insurance

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Protects structures and contents such as plants and hydroponic equipment from perils like fire, hail, and theft.

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Index-Based Agricultural Insurance

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This insurance pays out benefits on the basis of a predetermined index (e.g., rainfall level) for loss of assets and investments, rather than actual losses measured.

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Forestry Insurance

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Offers protection against losses in timber value caused by wildfires, windstorms, pests, and diseases.

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Aquaculture Insurance

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Covers fish and shellfish farming operations against loss due to environmental and man-made hazards.

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Tree Farm Insurance

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Covers losses for privately owned forest due to natural disasters, theft, or fire.

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Irrigation Equipment Insurance

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Covers damage or loss of irrigation systems and equipment due to vandalism, theft, collision, and other covered perils.

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