Owning a horse ranch or farm isn’t like owning a regular business. That is why many standard insurers don’t fully understand the ins and outs of the horse business. That means many farmers and ranchers may not have sufficient coverage for their business, especially when it comes to general liability.
Thankfully, there are horse and ranch insurance options available that can make sure your commercial equine business has the proper coverage. By working with an insurance company that specializes in these types of insurance, you are able to work with someone that understands the risks of your business and can write policies that meet them while also helping you with claims.
Ranch and horse insurance protects you against liability claims for bodily injury and property damage caused by equine-related instances. However, when written as a multiperil Farm / Ranch policy, it can possibly protect you against financial loss to your home, qualified outbuildings, equipment, machinery, and even your valuables and collectibles.
When you own a farm or a ranch, you owe it to yourself to be completely covered in case of any accidents. Don’t just assume your current policy is enough; make sure you are getting coverage that is designed for the uniqueness of your home and business.