Many people assume their farm insurance policy will cover their livestock, but it’s limited. For your livestock to be covered under your standard farm insurance plan, it must be an included peril. Let’s explain: if a tornado, hailstorm, another natural disaster, wild animal attack, auto collision, theft, or vandalism results in livestock losses, your standard policy may cover your financial loss.

However, you should consider livestock mortality insurance for fuller protection. Life is unpredictable, and many things can go wrong on a farm or ranch. The following are some potential deadly incidents that probably aren’t covered by a standard farm policy but could be included by livestock mortality insurance:

• Consuming Contaminated Feed, Water, or Toxic Plants
  Hypothermia
• Drowning Due to Floods, Mudslides, and Etc.
• Sinkholes and Earthquakes
• Electrocution
• Accidental Shooting
• Riots and Civil Commotion
• Collapsing Bridges, Roadways, Piers, Etc.
• Explosions and Gas Leaks
• Anhydrous Ammonia Leaks

Note that all coverage plans are different, so it’s important to speak with a knowledgeable farm and ranch insurance agent to understand the differences between policies. While adding livestock mortality to your package will increase your costs by a small amount, it pays off significantly if something unfortunate ever occurs to your animals.