Farm Insurance

Farm Insurance

What is farm insurance?

Working on the land brings many rewards – but just as many risks. As a farm owner, you’re vulnerable to bushfires that can destroy livestock or damage your buildings and other property; machinery breakdown which can cost you time and money; personal illness or a serious accident; or even a claim from a guest injured on your property.

That’s why farm insurance can help protect your farm and its produce, and the wellbeing of you, your family and the people that pass through your property.

Who should consider it?

Whether you’re a large-scale crop grower or livestock producer or a small family or hobby farm, farm insurance can help protect your farm, its produce and livestock – and the people who benefit from it.

The total value of principal Australian agricultural commodities (crops, livestock and livestock products) produced in Australia in 2016-17 was $39,671 million.

Did you know?

$60b

$60 billion – Australian Farm income passed $60 billion for the first time in 2016/17.

(National Agriculture Day, Food, Fibre & Forestry Facts, 2018)
2017
In NSW alone, theft of cattle and sheep between January and October in 2017 cost farmers $2.8m and $1.4m respectively.
(The Land, ‘Thefts costs farmers millions,’ 2018)
17,400
In 2009–10, 17,400 agricultural workers become ill or were injured through work.
(Safe Work Australia, Work- related deaths and injuries on Australian Farms, 2013)

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