Is getting insurance through the Farm Bureau Auto Insurance Company the right choice for you? Before we look at that question, let’s take a few moments to discuss exactly what a farm bureau is.
What is a Farm Bureau?
A farm bureau exists to serve its members, who work in the agricultural field, and improve their lives. Annual dues are paid by people who want to be members of the bureau. Farm bureau members are entitled to special rates for services and other benefits as long as they keep up their membership.
Insurance Products Offered by Farm Bureau Insurance
Farm Bureau Insurance offers insurance for both personal and commercial vehicles. Coverage for damage to property and liability is offered, along with insurance to protect your own vehicle if it gets damaged. You can also arrange coverage for damage caused by both uninsured and underinsured motorists and medical expenses.
Coverage options do vary, depending on which state you live in. The best course of action is to consult with a local Farm Bureau Insurance agent, who can help you to get the coverage you need at a price you can afford.
Your farm is both your home and a place of business. You owe it to yourself and your family to arrange for General Commercial Liability coverage. This insurance is designed to provide protection for your business from claims for injuries, medical expenses, and damage to property.
If your family farm or business is offering activities to visitors like sleigh or hay rides, pony rides, and the like then you need to look into having this type of coverage. No one wants to picture a visitor to your property being injured, but this is a possibility. Don’t forget, the idea of having insurance is to pay your premiums and hope that you never have to make a claim on the policy. A claim made for bodily injuries as the result of an accident has the potential to wipe you out financially. It would be especially heartbreaking for this to happen to a farm that has been operated by the same family for several generations. An insurance agent has the training to help to determine what level of coverage you need to protect your family business.
Special Needs of Farmers
If you are actively engaged in farming, you may be working with chemical fertilizers, pesticides, and herbicides. What do these products have to do with insurance coverage? Well, if you are using them as part of your farming operation, you may be exposing yourself and your business to pollution claims. The Farm Bureau can provide limited liability coverage in some situations.
Umbrella liability insurance provides you with extra insurance protection not offered by a standard homeowner’s policy. Wouldn’t you sleep better at night knowing that you had a minimum of $1 million (and up to $5 million) in extra coverage for damages and injuries caused by cars, trucks, water craft, or farm equipment owned by you? This coverage can be extended to cover your home office, your horses (if you are giving lessons or allowing visitors to ride them), and a farm stand (for when you are selling the items you have grown).
If you are not farming full-time but are operating a hobby farm, can Farm Bureau Insurance help? You bet! The company has guidelines for income from farming and regarding the number of farm animals on your property. This can help you (and your agent) determine whether hobby farm coverage is the right choice (and enough coverage) for you.
The insurance coverage offered by Farm Bureau Insurance is designed to be flexible. Every farm (and farmer) is unique, and so are their insurance needs. A homeowner’s policy may not provide enough coverage or the right kind of coverage for someone who is working in agriculture. Rather than keep paying your homeowner’s policy and hoping that you never have to make a claim, why not sit down with someone who can help you determine exactly what the risks are for your business and help you plan accordingly?
While you’re at it, you can get a quote for car insurance from the Farm Bureau Auto Insurance Company.
Want to find out more about the Farm Bureau Auto Insurance Company right now? Type your zip code into the quote box at the top of the page!
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