Commercial insurance for ag-related industries. These industries include Grain Elevators, chemical and fertilizer dealers, feed and grain mills, seed, feed, grain, and hay dealers as well as full-service agricultural co-ops.
Farm insurance can be seen as a combination of personal and commercial insurance or a hybrid since a farm policy can implement and offer similar coverages as their personal and commercial counterparts
Hail insurance refers to a policy bought by farmers that covers damage to crops because of hail. A wind endorsement is a more comprehensive option to cover wind damage.
Multi-Peril Crop Insurance (MPCI) is the common name given to crop coverage provided through the Federal Crop Insurance Corporation (FCIC).
When it comes to umbrella insurance for your farm, it's essential to know what the policy covers and what it doesn't.