If you own a farm or ranch to raise, breed, show, race, train, board or sell horses, or just have a family pet in the backyard, you are eligible for farm and ranch insurance. Your investment in your home, individual belongings, barns, machinery, and equipment is substantial. Asset Equine can help you “INSURE” your investments from accidental loss or a potential liability suit from actions on and off your premises.

With the proper limits and coverage’s your farm & ranch Insurance provides security and protection for: Your home and personal property. It is recommended that certain items of value such as your jewelry, silver, and antiques be appraised and scheduled on the policy since all policies have restrictions on this type of item. Loss of use on your home, additional dwelling, mobile homes, rental properties, barns, round pens, covered arenas, run-in sheds and other outbuildings can be insured for specific amounts. Farm personal property such as tractors, machinery, tools, equipment, and tack. Liability for bodily injury and property damage on and off the premises as well as at shows.

Liability is a basic coverage under the package policy and will protect you if your own horse gets out. The coverage will extend to a boarded animal provided boarding is part of your operation and was included when you initially completed your application. Comprehensive Personal Liability is a part of the policy as well as Commercial General Liability, You are protected for your liability for whatever horse exposures you are involved in, provided the activity was noted on your application and/or the company is notified during the policy term.

Substantially discounted automobile, trailer, and even your Big-Rig inusrance can be added to your farm and ranch policy.

Care, Custody and Control coverage can be written as part of the farm package. This coverage provides protection against liability suits from your negligence resulting in death or injury to non-owned horses. Defense protection is provided, negligent or not. Limits vary from $5,000 to $250,000 per horse. Pricing depends upon the limit selected and the number of non-owned horses.

Download Care Custody & Control Application

Download Equine Questionnaire

Download Additional Informational Brochure

Coverage Highlights

• Property insurance to cover your home and contents, barns, sheds, owned machinery, equipment, tack and livestock.
• Liability insurance to cover your home and your horse operation, on and off premises, including such operations as: boarding, breeding, racing, training, horse shows, and riding instruction.
• Up to $1 million liability limit available
• Personal liability available for owner occupied dwellings
• Coverage for farm-related buildings such as barns, stables, hay sheds and arenas
• Farm Personal Property coverage for farm machinery, tack, equipment, hay, and seed
• Replacement cost coverage available on buildings and household contents
• Choose from Basic, Broad, or Special coverage options for all property
• Various property deductibles available
• Renewal loss free credit
• Enhancement coverages available

SAMPLE FARM PACKAGE

Coverage A • Dwelling

• Dwellings and attached structures
• Trees, shrubs, plants, and lawns within 500' of a covered dwelling
• Materials on the insured location intended for use in building, altering, or repairing a covered dwelling
• Extended replacement cost on covered dwelling by endorsement

Coverage B • Other Private Structures Appurtenant to Dwellings

• Unattached structures appurtenant to the dwelling not used for farming purposes
• Up to twenty percent (20%) of the limit of insurance shown for Coverage A - may be increased
• No distance limitation

Coverage C • Household Personal Property

• Covered anywhere in the world
• Special limitations apply - limits may be increased

Coverage D • Loss of Use

• Coverage for necessary increase in living expenses if a covered cause of loss renders your home uninhabitable
• Fair rental value if a covered cause of loss renders a covered rental dwelling uninhabitable
• Loss and expense due to emergency prohibition against occupancy

Coverage E • Scheduled Farm Personal Property

This coverage allows you to choose those items you want specifically insured. A specific amount of insurance and selected coverage form is assigned to each item to be insured.

• Additional machinery, vehicles and equipment newly purchased are automatically covered up to $100,000 for 30 days
• Replacement machinery, vehicles and equipment newly purchased are automatically covered up to $50,000 for 30 days
• Coverage for additional acquired livestock during policy term - limitations apply
• Property in the custody of common or contract carrier is covered for $2000 - limit may be increased
• Livestock and specifically insured farm machinery (and equipment) covered on or away from the farm premises
• Hay, straw, and fodder in stacks with a 100' clear space between stacks

Coverage F • Unscheduled (Blanket) Farm Personal Property

This coverage allows you to insure, on a blanket basis, a total value taken from a detailed inventory of your farm personal property. A coinsurance clause applies and the amount of insurance must be no less than 80% of the total inventory.

• Farm personal property covered at or away from insured location
• Livestock limit: • $1,000 for any horse, mule or head of cattle under one year of age at time of loss
• $5,000 for any head of livestock not included in the above
• Farm products in the open are covered for 10% of the farm personal property limit shown in the declarations for fire, lightning, hail, vandalism, vehicle, and theft
• Grain in piles, shocks, stacks, and swaths
• Fire and lightning coverage only for unharvested barley, corn, oats, rye, wheat, and other grains, flax, Soybeans, and sunflowers
• Combines, cotton pickers, and irrigation equipment must be listed separately and covered under Coverage E

Coverage G • Barns, Outbuildings, and Other Farm Structures

• Coverage for farm buildings and structures other than dwellings
• Newly constructed farm buildings are automatically covered for $100,000 for 60 days from first date of delivery
• Private power and light poles covered automatically up to $1,000 Basic, $1,500 Select, and $2,000 Select Plus

Optional Coverages

• Care, Custody and Control – highly recommended if you care for someone else’s horse
• Disruption of Farming - loss of income due to covered cause of loss to a stable or barn
• Systems Breakdown - increased causes of loss for damage or destruction of equipment and machinery, including electronic devices (i.e. phone, computers, security systems)
• Livestock Coverage - limited mortality-named perils up to $2,000 per head; applies to owned livestock only
• Coverage for jewelry, fine arts, guns, etc...
• Sports Equipment Floater - covers equipment used for golf, tennis, etc...
• Animal Collision
• Excess or Umbrella Liability (with limits up to $10 million)