Farm insurance is essential for protecting your land, livestock, equipment, and livelihood. But many farmers unknowingly make simple mistakes that leave them underinsured or exposed to risk. At Orr Insurance, we’re here to help you avoid the most common pitfalls.
1. Not Updating Your Policy When Things Change
Farms grow fast—new equipment, buildings, or livestock can be added within months. If you don’t update your policy, those new investments might not be covered.
Tip: Review your policy every year or after any major purchase or upgrade.
2. Assuming Homeowners Insurance Covers Everything
If you live on your farm, your house might be covered—but your barns, tractors, or livestock likely aren’t. Farm insurance is different from regular home insurance.
Tip: Always make sure you have a dedicated farm insurance policy.
3. Forgetting About Liability Coverage
If someone gets injured on your property—or your animals damage someone else’s land—you could face costly legal claims. Liability coverage protects you from these unexpected events.
Tip: Make sure your policy includes general liability and product liability, especially if you sell goods or allow public access.
4. Not Covering Rented or Leased Equipment
Using borrowed or rented equipment during harvest? Many farmers assume it’s automatically covered—it’s not.
Tip: Ask about non-owned equipment coverage to protect yourself if something goes wrong.
5. Leaving Pollution Risks Out of the Policy
Fuel leaks, chemical spills, or manure runoff can lead to serious environmental and legal consequences. These events aren’t usually covered unless you add pollution liability to your policy.
Tip: Talk to your broker about first-party and third-party pollution coverage.
Final Thought
Farm insurance is about more than protecting your assets—it's about protecting your future. Avoiding these five common mistakes can save you thousands of dollars and a lot of stress.
Want to make sure your farm insurance is solid? Contact Orr Insurance for a free policy review—we’ll help you find and fix any gaps before they become problems.