Farms & Estates

Farming

Whatever the type of farming-insurance you undertake Cox Mahon has the expertise to ensure your business, its land and buildings, crops, livestock and machinery will have the appropriate insurance cover in place.

Farming is an increasingly diverse industry, with no two farms the same – be it in size, focus or activity. From smallholdings, through mid-size farms to large scale arable or wind farms, being specialist brokers we will work closely with you to acquire a full understanding of your risk exposures and needs. Once these have been ascertained, our independence and the excellent working relationships that we maintain with a wide range of specialist farm insurers, enables us to structure the right programme of covers to suit your requirements, on the most cost-effective terms for your farm insurance.

downlaod our farms & estates brochure

Q & A

Insurance is a crucial tool for safeguarding farmers and their agricultural assets against unforeseen risks. Here are some common questions and answers about farm insurance to help you understand its significance and coverage.

What is farm insurance?
This is a specialised type of insurance that provides financial protection to farmers and agricultural businesses against various risks, including crop loss, livestock mortality, property damage, liability, and more.
What does farm insurance cover?
This would typically cover a range of risks, including damage to crops, loss of livestock, farm machinery and equipment, structures (e.g., barns, silos), liability for injuries or accidents on the farm, and even loss of income due to covered events.
Why do farmers need insurance?
Farmers need insurance to protect their investment in the farm and its operations. Unpredictable events such as natural disasters, accidents, or other unforeseen circumstances can lead to significant financial losses, which insurance helps mitigate.
How is the cost determined?
The cost of the insurance is determined by factors like the type and extent of coverage, the value of the insured assets (crops, livestock, equipment), the location of the farm, the level of risk in the area, and the history of claims on the policy.
Are there different types of policies?
Yes, there are various types of insurance policies, including crop insurance, livestock insurance, farm equipment insurance, farm property insurance, and liability insurance. Farmers can choose policies that suit their specific needs and risks.
Is Farm insurance mandatory?
It’s not mandatory by law, however if you have Employees or use Motor Vehicles then Employers Liability and Motor Insurance is a legal requirement. It is highly recommended for all farmers to protect their livelihoods and investments. Lenders and financial institutions may require it as a condition for providing loans to farmers.
What should farmers consider before purchasing farm insurance?
Farmers should consider factors such as their farm’s location, the types of crops and livestock they have, the prevalent risks in the area, their budget, and the coverage options available to tailor an insurance policy that suits their requirements.

Insurance is an essential tool for farmers, providing peace of mind and financial security, ensuring they can continue their operations even in the face of unexpected events.

A Farmers Combined insurance policy is a single policy that is designed to provide you with a comprehensive package of insurance covers. These include :

Household Buildings & Contents – the ability to include your home within the business policy
Farm Buildings and Machinery – including all outbuildings, barns, walls and fences.
Business Interruption – insuring any loss of income or additional expenditure following loss or damage
Livestock – including disease, mortality and loss of use
Agricultural produce – Grain/Growing crops
Employers Liability – is a statutory requirement for any firm who have employees within their business
Public/Products Liability – crucial cover to protect you against third party claims, including Environmental Impairment liability
Goods in Transit – cover for goods, machinery and stock moved by with your own vehicles or third party carriers
Personal Accident/Sickness – compensation for loss of earnings when unable to work
Engineering – inspection and damage for farm machinery and plant
Diversification – the option to include a wider scope of income generating activities such as agricultural contracting, renewables, property letting, B&B accommodation and Caravans/Campsites.