Once you have the fundamental protections for your hobby farm, you can start thinking about the specialised coverages you want. Here are some of the most regularly added coverages, but your independent insurance agent may help you choose the most relevant ones.
In the event of a fire, most homeowners' policies will cover the structure up to a certain amount; however, there are major exceptions to this rule, such as if your pole barn is 25 acres away from the main property and has no access to water.
Since the cost and quality of fencing may vary widely, it is often covered under a separate endorsement attached to the primary hobby farm insurance policy.
Extra bee security against various calamities is vital for running a honey-producing beekeeping hobby farm.
Coverage for windmills is necessary only if your hobby farm has one, but if it does, you may want to consider purchasing a separate policy.
A silo on a hobby farm may need its insurance policy, whether it's there for show or to store harvested crops.
Additionally, an endorsement of standard insurance may protect valuable chickens and eggs against perils like theft, natural catastrophes, and more.
Hobby farm insurance often includes the following commercial policies:
Protect your agricultural business assets like automobiles, trucks, and trailers with commercial auto insurance. Depending on the titling of your cars, this coverage might be considered a corporate auto policy.
Your standard hobby farm insurance policy may need to provide more protection against liability claims, but an additional commercial umbrella policy can. Umbrella insurance is a wonderful way to boost your liability coverage if you have a lot of visitors to your hobby farm or if your goods wind up in homes or farmers' markets.