Common Risks Farmers Face and How Insurance Can Help

Farming in Nebraska presents challenges that can impact your livelihood, including unpredictable weather, equipment failures and liability concerns. Our team at Anderson & Anderson Insurance can help you navigate these risks with customized farm insurance solutions.

Weather Events and Crop Loss

Nebraska’s climate can be unpredictable, with severe storms, hail, drought and flooding posing serious threats to crops and property. Such weather events can result in substantial financial losses. Crop insurance can help manage these risks by providing coverage for lost or damaged crops caused by covered perils.

Equipment Breakdown and Property Damage

Modern farming depends on machinery and equipment. When a tractor, combine or irrigation system breaks down, it can halt operations and lead to costly repairs or replacements. Farm insurance policies often include equipment breakdown coverage, which may cover repair costs and reduce downtime. Property insurance can also cover barns, storage facilities and other structures against fire, theft or wind damage.

Liability Issues

Farms are active environments, and accidents can happen. This might involve a visitor getting injured, a product causing harm or property damage to a neighbor. Liability coverage can help manage the financial consequences of lawsuits or claims. Depending on your operation’s needs, this can include general liability, product liability and pollution liability.

Employee Injuries and Illnesses

The agricultural industry consistently ranks among the most dangerous in the United States. Farm employees may encounter many dangerous scenarios on a daily basis, including interacting with large animals, using sharp tools and working with heavy machinery. Workers’ compensation insurance is typically required by law in Nebraska and can help curb the financial consequences of on-the-job injuries and illnesses.

Speak to a Farm Insurance Agent Near You

Our team at Anderson & Anderson Insurance works closely with Nebraska farmers and agricultural business owners to assess exposures and recommend suitable farm insurance solutions. Contact us today to explore your options or to request a personalized quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.