Ranches are a lot like farms, which means ranch insurance is a lot like farm insurance. The difference between the two is that while farms specialize in crops, as a rancher, you are focused on livestock. However, the goal of the insurance coverage is the same—to protect your property, family, and livelihood from the unexpected.
The ranching lifestyle is such a unique and fantastic experience that you simply cannot be a rancher and not love the work you do. While the rewards of this life can be great, it is always important to remember that the risks are great as well. Your ranch is your home, your business, and your family’s source of income. There is simply too much at stake to not have the coverage you need. Thankfully, there is something you can do about it.
By working with an insurance agent, you can learn how ranch insurance can be used to help insulate you from the risks that arise with your profession. Some of the different types of coverage to expect from your policy includes:
- Dwelling Coverage
- Liability Coverage
- Barn/Outbuilding Coverage
- Equipment Coverage
- Workers’ Compensation Coverage
- Loss of Business Income Coverage
- Commercial Vehicle Coverage
- Professional Liability Coverage