Farm Insurance in Bourbonnais, IL
Whether you’re a multigenerational farmer working a longtime family plot or a commercial enterprise running a specialized operation, the agricultural industry has many pitfalls and perils of which you must be aware. While your work can be lucrative and rewarding, farm tasks often require careful navigation of inherent risks and exposures. At First Community Insurance & Annuity Center, we’re here to help you understand and secure appropriate farm coverage.
What Is Farm Insurance?
Farm insurance can generally be seen as a specialized form of business insurance, often involving a need for several different types of policies. Even if you’re working with an insurance carrier that offers a prearranged package focused on farm-related needs, your unique circumstances may require additions or adjustments. By thoroughly assessing your operations and identifying suitable policies, your farm insurance can provide versatile and robust financial security.
What Types of Coverage Do I Need? 
Every farm is unique. Your business’s size, crops, livestock, staff and other characteristics play significant roles in determining exact coverage needs. Still, certain types of insurance are typically valuable for most in this industry. Consider building your farm insurance around the following:
- Farm liability insurance
- Farm structures insurance
- Tools and equipment insurance
- Crop insurance
- Livestock insurance
- Commercial auto insurance
- Workers’ compensation insurance
- Business interruption insurance
- Commercial umbrella insurance
What Should I Do When Filing a Claim?
If you need to file a claim against your farm insurance, you should notify your carrier as soon as possible. Additionally, contact law enforcement if necessary, such as after incidents of theft or vandalism. Document your losses, including photo and video evidence, and provide these materials to your insurance company. Your insurer will likely dispatch an adjuster to assess your losses and make a decision regarding your claim. Be prepared to work closely with this individual and provide them with any information they require while keeping records of all communications.
Get the Right Coverage
Contact First Community Insurance & Annuity Center today to learn more about farm coverage options and compare personalized quotes.