What is Agribusiness Insurance?
Agribusiness Insurance
Covering Your Needs for Agribusiness Insurance
Agribusiness insurance protects not only your company but it also provides peace of mind for your shareholders and other individuals or entities that may hold interest in your company. Sudden disruptions from unexpected weather to mechanical breakdown can seriously reduce profits and put your company in jeopardy.
Providing comprehensive Texas agribusiness insurance for your farm reduces concerns that surround circumstances beyond your control.
What is covered with Agribusiness Insurance?
Learn More About Agribusiness
Learn more about which types of agribusiness insurance can provide the best protection for your Texas farm.
How does Agribusiness Insurance
Differ from Farm Insurance?
Agribusiness insurance addresses the vulnerabilities of a larger, corporate approach to farming, whereas farming insurance protects a smaller entity.
Several factors can help you distinguish between farm and agribusiness insurance:
- Size: typically a family farm is considerably smaller than an agribusiness which may require more coverage
- Structure: family farms are connected to local markets, whereas agribusinesses operate on both a local, national and possibly global scale
- Planting: an agribusiness will normally grow one single crop or crop type, whereas the family farmer tends to be more diverse
- Financial: agribusinesses are run more like corporations and may have shareholders. Family farmers try to minimize losses and rely on profit that the family can share and invest in farm maintenance and upkeep
Both farm and agribusiness insurance needs are important to maintaining a healthy company. Rely upon an experienced underwriter to explain the policy differences and find one that works best for your farm.