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Agricultural Insurance Types
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Livestock Insurance
Covers livestock against death caused by accidents and diseases including certain epidemic outbreaks.
Multi-Peril Crop Insurance (MPCI)
Covers crop losses due to a wide range of natural hazards including drought, freeze, disease, and flood among others.
Organic Farm Insurance
Offers specialized coverage to meet the unique needs of organic farms, including certification loss and contamination by pesticides and genetically modified organisms (GMOs).
Crop Insurance
Protects against the loss of crops due to natural disasters or the loss of revenue due to declines in the prices of agricultural commodities.
Revenue Insurance
Insures against unexpected decreases in agricultural production or revenues, often based on historical average yields or prices.
Crop-Hail Insurance
Provides protection for crops against damage caused by hail and sometimes fire and lightning.
Farm Liability Insurance
Provides liability coverage to protect the farm owner against legal claims from accidents, injuries, and damage to other people or property.
Weather Insurance
Provides financial protection against losses caused by adverse weather conditions such as excessive rain, drought, frost, or snow.
Farm Property Insurance
Covers farm homes, outbuildings, machinery, and equipment against damage or losses.
Greenhouse Insurance
Protects structures and contents such as plants and hydroponic equipment from perils like fire, hail, and theft.
Index-Based Agricultural Insurance
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.
Forestry Insurance
Offers protection against losses in timber value caused by wildfires, windstorms, pests, and diseases.
Aquaculture Insurance
Covers fish and shellfish farming operations against loss due to environmental and man-made hazards.
Tree Farm Insurance
Covers losses for privately owned forest due to natural disasters, theft, or fire.
Irrigation Equipment Insurance
Covers damage or loss of irrigation systems and equipment due to vandalism, theft, collision, and other covered perils.
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