Farm Owners Insurance in Champaign, IL and throughout Central Illinois
You Have Made It Your Living. Keep It Protected
There are probably a lot of reasons for why you chose to make your living on the farm – from the independence and freedom that comes with owning your own business to knowing the value of a hard day’s work. At Prairieland Insurance Group, LLC, we are in the business of seeing yours succeed. We know that your farm or ranch provides a valuable service to the community, and we would like to return the favor by offering you the comprehensive protection you deserve.
A Farm Owners policy from Prairieland Insurance Group, LLC is an all-inclusive and customizable insurance solution to secure your land, your property, and your finances against a number of inevitable situations that can arise on your farm. The basic package includes property coverage for your dwelling, personal property, and other structures, as well as the added peace of mind that comes with comprehensive liability coverage.
For most people, a farm is more than a place to work – it is also where you lay your head after a long day. Under the dwelling portion of your Farm Owners policy, Prairieland Insurance Group, LLC will help pay for damages to your home and any attached structures for all accidents and perils included in your policy.
Your Farm Owners policy also covers losses that may arise due to the damage or theft of personal belongings such as clothing, electronics, or home appliances. Items used in daily farm operations such as machinery, automobiles, and animals are not eligible for coverage under the personal property section of your policy, as they require additional protection.
Liability protection from Prairieland Insurance Group, LLC helps pay for legal fees, medical expenses, and other losses that you may be held liable for, that result from covered injuries or damage to other people’s property. Further coverage options, including employee injury liability, are available for an additional premium.
What Insurance Do Farm Owners Need?
There are a wide variety of insurance policies that a farm owner may need. Some of the most common insurance policies farm owners may purchase may include:
Farm equipment insurance: Should important assets like pumps, rakes, sprayers and other tools get damaged, this coverage can help pay for those items.
Farm liability insurance: Your operations might cause bodily injuries or property damage to various people, including your clients. This coverage may help you repay them for their losses.
Farm livestock insurance: A loss to your animals could mean a loss of profit. This coverage may help you recover the results.
Farm structures insurance: This coverage insures barns, grain silos and other property.
Crop insurance: Weather, fires and other hazards can damage crops. This coverage may pay a settlement to help you replace damaged items and lost income.
Equine insurance: Horses are often valuable for farm operations and their market value. Therefore, if you breed or raise horses, a single loss might be expensive. This coverage may insure your horses against death, injuries and other hazards.
Tractor insurance: Standard equipment insurance often doesn’t cover tractors or other farm vehicles. You may need to purchase separate coverage to protect these items against damage or other losses.
Commercial auto insurance: If you use or own vehicles for your farm or its operations, you may need commercial auto insurance rather than personal auto insurance.
Umbrella insurance: Standard liability insurance has limits. If you have a claim exceeding these limits, then umbrella liability coverage may help cover the remaining costs.
Workers’ compensation insurance: If you hire full- or part-time employees in your operation, you may need workers’ compensation. It can pay employees supplementary income if work-related injuries or illnesses force them from their jobs.
We can help evaluate your personal and commercial assets to ensure you have insurance that offers protection against the risks your farm faces.
How To Get Started
Give the team at Prairieland Insurance Group, LLC a call today to discuss your farm owners insurance needs and see how we may be able to able to help you.