While farms need the standard types of insurance policies that other businesses need, such as property insurance and general liability coverage, they also need insurance that is specifically related to the business they run.

Crop Insurance

Most farms in our area make all or most of their revenue through the crops that they produce. When a natural disaster such as drought, excess moisture or hail occurs and the crops they depend on are devastated, crop insurance can help supplement them for the losses they face. 

In 2014, 1.2 million polices were sold protecting more than 120 different crops covering 294 million acres, an area larger than Texas and California combined, with an insured value of $110 billion.

Taylor & Associates works hand in hand with ProAg Insurance and offers several of ProAg’s products including Production and Revenue coverage, Whole Farm Revenue Protection and Hail Insurance. Taylor & Associates Insurance Agency is an equal opportunity provider.

Farm Equipment Insurance

It takes a lot of specialized equipment to run a farm. From tractors to implements, wagons to combines, these complicated expensive machines are fundamental to a farm’s ability to operate properly, efficiently and successfully. Equipment insurance for the vehicles and machines on the farm will allow for reimbursement for certain losses and damages and can help keep you operational.

Workers Compensation Insurance

Farms that employ people should also look at workers compensation coverage. Without this protection, they will be responsible for paying the medical expenses and lost wages of employees who are injured at work. While Ohio Workers Compensation is State run, we can help you with premium reduction by means of group rating.