farm insurance in melbourne

Farm Insurance and Mortgage Services In Area Of Melbourne and Essendon- JLC General Insurance

Insurance to protect your Farm

What Is Farm Insurance?

Farm insurance in Melbourne includes a hybrid of both home and commercial insurance as most farmers, even hobby farmers, incorporate a living household as well as a farming business. The result is a need to cover both personal property as well as business property & equipment used to operate the farming business.

Farms all operate differently so coverage for one farm may not fit another farm’s needs. At Melbourne Insurance Brokers, we can help tailor your farm insurance package to ensure that the coverage you need is the coverage you get.

Coverage for Personal Property
The homestead and its contents are covered in a manner akin to that of a Home & Contents policy, with the option to cover valuables and other items. Personal liability is automatically supplied, similar to home & contents cover, when purchasing cover for the homestead & contents; this is different from liability insurance for the operation of the farm.

Insurance for Farm Liability
Although it is not always offered, farm liability insurance is a crucial part of any farm insurance policy. In the event that a third party is hurt or claims that their property was destroyed as a result of the farmer’s actions, farm liability insurance protects the farmer. One frequent occurrence is when animals escape from their paddocks and are tragically killed by a passing car. You will be protected if you have farm liability insurance.

Insurance for machinery and other property
Agricultural life involves many different aspects, including cattle, fences, farm equipment, and sheds. Coverage of machinery and equipment can be crucial. Tractors, combines, cotton pickers, planters, and other pieces of equipment can be quite costly to replace. Limited circumstances can also include livestock.

What Excludes From Farm Insurance?
A farm policy does not cover crops, trees, or other plants, but there may be other insurance options, such as crop insurance, in some circumstances.

To get customised farm insurance and Mortgage Services in Essendon coverage now, contact JLC General Insurance.