Farm Insurance in Collinsville & Sapulpa, OK
Farming in Collinsville & Sapulpa, OK comes with both opportunity and risk. Farm operations face a unique mix of challenges from unpredictable weather to equipment breakdowns and liability concerns. Farm insurance can help financially protect not only your land and crops, but also your home, equipment, livestock and income.
What Kind of Insurance Do You Need for a Farm?
The coverage you need depends on the size and nature of your operation. A small hobby farm may need basic property and liability protection, while a large commercial farm likely requires more specialized policies. Some commonly included options include the following:
- Farm property coverage may help financially protect buildings, barns, silos, fencing and machinery against covered events like fire or storms.
- Farm liability insurance may provide coverage if someone is injured on your property or if your farming activities cause damage to others.
- Livestock insurance may offer protection for animals lost due to accidents, natural disasters or theft.
- Equipment breakdown coverage may help pay for repairs or replacement of tractors, combines and other essential machinery.
A qualified agent can help tailor a policy that fits the specific risks of your farm.
What Is the Most Common Type of Crop Insurance?
The most widely used crop insurance in the United States is multi-peril crop insurance. This federally backed policy may cover crop losses due to weather events, pests, disease or other natural causes. It’s available for many major crops and is often purchased before planting. Revenue protection, which factors in yield and market price changes, is also popular among farmers looking to stabilize their incomes.
Where Can You Get Farm Insurance?
Farm insurance is available through private insurers and programs backed by the U.S. Department of Agriculture. In Collinsville & Sapulpa, OK, Bayouth Agency can walk you through your options and help you find coverage that fits your land, operation, and budget. Contact us today to learn more.