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Compare livestock insurance policies from specialist farm insurance providers
If you’re a livestock farmer your herds of livestock are your most critical business asset – which is why it would be a sensible idea to invest in the right livestock insurance policy.
What is livestock insurance?
Livestock insurance is a type of farm insurance policy that is designed to protect the protection interests of livestock farmers. This type of policy will insure your livestock against the risk of theft, accidents or disease, and can be bundled with other types of farm insurance to give your business the complete protection it needs.
What else can be included with livestock insurance?
If you own a farmhouse or other farm buildings then farmhouse insurance can be bundled with your livestock insurance, and you should be able to add coverage for crops, farm vehicles and agricultural equipment as well.
How much does livestock insurance cost?
That will depend on a range of different risk factors, many of which are specific to your farm and your livestock.
For instance, your farm’s location will be taken into consideration, since crime rates can vary considerably from one area to another.
The type of livestock you’re insuring will also be an important factor, of course, and the size of your herd or herds will also influence the cost of your livestock insurance, since some types of livestock are more costly to replace than others, and bigger herds are obviously worth more.
Is livestock insurance mandatory?
No, for most livestock farmers a livestock insurance policy will be optional, although that doesn’t mean it’s a good idea to forgo this type of coverage. After all, your livestock are quite literally your livelihood, so it’s a sensible idea to ensure they’re covered.