Livestock (cows, swine, goats, lambs and sheep) and poultry (chickens, turkeys) coverages can vary widely among farm insurance companies. It’s important to understand what’s covered in your farm insurance policy and what isn’t.
A Nationwide farm insurance policy protects the farming operations and facilities for both livestock (including bulls) and poultry (including turkeys and other birds).
AgriChoice® farm insurance
Our AgriChoice insurance package provides Broad Causes of Loss protection for livestock, which includes the following:
- Accidental shooting
- Attacks by dogs or wild animals (does not apply to sheep)
- Earthquake loss
- Flood loss
- Loading and unloading accidents
- Sudden and accidental collision damage causing death
Specialized farm animal insurance can add a layer of protection
General farm insurance policies, including Nationwide's AgriChoice, do not provide coverage for losses caused by livestock and poultry disease or from old age or natural death. There may also be a limit on the value of any one animal, although higher limits may be available.
Specialized coverage, commonly known as Livestock Mortality insurance, protects against livestock disease, old age or death by natural causes. This usually requires your agent to acquire a separate policy from another insurer.
Newly acquired livestock
Most farm insurance policies provide an automatic extension on farm personal property to cover newly acquired livestock. It won't typically be covered under livestock insurance. The policy requires you to report new animals within certain time frames specified in the policy.
Review your policy with your agent to be sure you're aware of coverage limits and reporting requirements for your newly acquired livestock.