What is the definition of Farmowners-Ranchowners Insurance?

Farmowners-Ranchowners Insurance is a policy that provides protection against risks and liabilities that may arise and will involve homes, barns, stables, silos and other structures. This means that the coverage is expanded to cover farm buildings, as well as farm-related equipment and machinery, stored hay and grain. The farmowners-ranchowners insurance is specially designed to meet the unique needs of those who operate ranches and farms.

The policy often includes dwelling coverage (which covers losses against weather, crime and fire for the owner's house and personal property, as well as addition living expenses) and farm personal property (where owners can choose between a blanket coverage or a scheduled coverage). It will also cover other structures found on the premises as well as liability and medical payments.

• Businessowners Policy / BOP
• Competitive State Fund
• Excess and Surplus Lines
• Employer’s Liability
• Blanket Insurance