Farmers face numerous challenges, including lack of quality seeds, natural disasters like drought, lack of modern farming equipment, and shortages of storage facilities. These issues negatively impact productivity, output, and subsequently, profit margins. Fortunately, you can avoid the consequences associated with such issues using solutions like farm insurance. Such a policy protects buildings, tools, equipment, yield, and profits you get from farming. Some of the most common types of insurance for different farms are discussed below.

1.       General liability

Many different accidents occur on farms. These include falls resulting from scaling barns and silos and exposure to toxic chemicals present in pesticides. Farmers working in the hot sun are also exposed to heat stress, while those operating in buildings with poor ventilation are likely to suffocate or be asphyxiated. General liability farm insurance covers farmers against accidents resulting from negligence. That means you can use this policy to protect yourself against injuries and damages that may occur as you execute tasks on your farm. It may also provide coverage for accidents outside the farm, such as hitting an animal while driving your tractor.

2.       Machinery insurance

Farms need machinery like tractors, harvesters, seeders, fertilizer spreaders, plows, and wagons to support activities and production. These serve different essential functions like applying fertilizer and harvesting produce. However, their effectiveness and efficiency are often impeded by numerous problems. For instance, your tractor may fail to deliver accordingly due to dull blades, faulty electrical systems, engine-related issues, and a damaged fuel system. Fortunately, you can use farm machinery insurance to protect equipment against the costly repairs associated with such problems, as well as fires, gas explosions, and lightning strikes, among other adverse issues.

3.       Product liability

As the name suggests, product liability covers farm products. However, insurance companies have different definitions of "farm products". For instance, some may define the fruits you sell as products if you grow apples. Others may consider the apples, supplies your farm needs to operate, including tractors, and the roadside stands you use to sell the fruits. Therefore, checking a particular insurance provider's definition of "farm products" is crucial.  All in all, every farmer needs product liability, more so when seeking protection against cases arising from individuals suffering foodborne illnesses after consuming their products.

4.       Employer's liability

Employer's liability is a farm insurance policy that helps you, the farm owner, pay sums you are legally obligated to due to bodily injuries. Therefore, if you are covered by this type of insurance and face negligence lawsuits arising from occupational diseases or work-related injuries, your insurer is responsible for defending your rights and footing relevant expenses. Employer's liability insurance isessential in protecting your employees' safety and health. 

For more information about farm insurance policies, visit a site such as http://www.wrg-ins.com/.