Austin Farm Insurance Agency: Taking Care of Your Farms
Ed Weeren Insurance provides farm insurance to the Austin, TX area. While farms need the standard types of insurance policies similar to other businesses, such as general liability and property coverage, they also need insurance specific to the business they run.
Some farms make all or most of their profits through the crops they grow. When a disaster, such as a tornado, wildfire or flood strikes and the crops they depend on are devastate, crop insurance can reimburse them for the losses they face. Before buying crop insurance, it’s vital for farmers to submit an accurate representation of the planted acreage they have per unit. Should they underreport, they may not be reimbursed for all losses they could potentially experience.
Livestock insurance is multifaceted in that the insured has a variety of policy options. Austin farm owners may buy specific coverage, such as livestock transit or auction market coverage. There is also coverage for specific animals, such as poultry or pasture and dairy cattle coverage. Mortality insurance is also available for animals with a high value to the farm, such as a stud.
It takes a lot of specialized equipment to run a farm, from tractors to irrigation equipment, trailers to combines, these complicated, expensive machines are fundamental to a farm’s ability to operate properly, efficiently and successfully. Equipment insurance for the vehicles and machines on the farm allows for reimbursement for certain losses and damages and can keep you operational if you have suffered a loss.
Farms that employ people should also look at workers’ compensation coverage. Without this protection, they will be responsible for paying the medical expenses and lost wages of employees who are injured at work.
For more farm insurance assistance in Austin, contact Ed Weeren Insurance today!