Agribusiness
Business Insurance Solutions for Agribusiness
From sprawling grain fields to bustling dairy farms, the agribusiness industry faces challenges that require special insurance protections.
At NBT Insurance Agency, we are well-versed in the unique risks for those who grow, process, transport, and deliver products, as well as those providing agricultural-based entertainment. As your business evolves or your farm grows, we’re here to help address any gaps in coverage and find you the right solution for your needs.
Ready to review your business insurance coverage needs?
Essential Coverages for Agribusiness
Cattle ranches, dairy farms, processing facilities, and other agricultural-based businesses have specialized business insurance needs. Our team at NBT Insurance Agency is here to review your existing policy to determine if you need help addressing coverage gaps. We can help create insurance solutions for the following agribusinesses:
Dairy Operations
Dairy operations are a unique business operation with pain points that can impact owners, their employees, and retailers. From milk spoilage, equipment breakdowns, animal diseases, and product liability, preparing for potential risks is critical.
Our team can help address your essential coverage needs, including:
- Milk contamination insurance: Protects against losses due to contaminated milk.
- Farm equipment & machinery insurance: Covers dairy-specific equipment breakdowns.
- Livestock disease insurance: Minimizes financial losses due to animal illness outbreaks.
- Dairy/methane Digester: Specialized underwriting for contracts with renewable energy partners.
Crop & Hobby Farms
Crop and hobby farm owners can face a variety of threats—weather events, crop diseases, equipment breakdowns, and product liability—just to name a few.
Our team can help address your essential coverage needs, including:
- Multi-peril crop insurance: Protects against natural disasters and specific perils.
- Farm & ranch property insurance: Covers buildings, equipment, and livestock.
- General liability: Protects against third-party injuries and property damage.
Fruit & Vegetable Storage and Processing
When it comes to food storage and processing facilities, concerns about food spoilage, power outages, equipment breakdowns, and contamination claims can take center stage.
Our team can help address your essential coverage needs, including:
- Commercial property insurance: Covers facilities, machinery, and stock.
- Business interruption insurance: Reimburses lost income due to covered events.
- Product liability insurance: Protects against claims due to defective or contaminated products.
Livestock
When you operate a farm or ranch with livestock, your business may be susceptible to animal diseases and mortality, theft, or environmental damage.
Our team can help address your essential coverage needs, including:
- Livestock mortality insurance: Protects against financial losses due to animal death.
- Farm pollution liability: Covers accidental pollution from manure or fertilizers.
- Equipment breakdown insurance: Minimizes downtime and repair costs.
Feed Manufacturing and Dealers
Farmers and ranchers with livestock rely on feed and grain from reliable sources. But product recalls, contamination, machinery breakdowns, or workplace injuries can harm profits if not handled and resolved in a timely manner.
Our team can help address your essential coverage needs, including:
- Product liability insurance: Protects against claims due to defective or contaminated feed.
- General liability insurance: Covers premises liability and product-related incidents.
- Workers' compensation insurance: Protects employees in case of injuries on the job.
Grain Operations
Grain handling facilities that handle, store, process, and ship bulk raw agricultural commodities can suffer storage losses, transportation risks, price fluctuations, and even product liability losses.
Our team can help address your essential coverage needs, including:
- Bailee's insurance: Protects stored grain against fire, theft, and other damage.
- Commercial auto insurance: Covers trucks and other vehicles used for transportation.
- Price fluctuation insurance: Minimizes losses due to market price changes.
Equine
Horse riders and horse lovers often become equine entrepreneurs and business owners due to their love of horses. But it’s important to understand this is also a business that can experience insurable losses from animal mortality, theft, illness, accidents, and even competition liability.
Our team can help address your essential coverage needs, including:
- Equine mortality insurance: Protects against financial losses due to horse death.
- Equine major medical insurance: Covers veterinary care costs for covered illnesses.
- Stable liability insurance: Protects against third-party injuries at your stables.
