Farm Insurance

What is farm insurance?

Working on the land brings many rewards – but just as many risks. As a farm owner, you’re vulnerable to bushfires that can destroy livestock or damage your buildings and other property; machinery breakdown which can cost you time and money; personal illness or a serious accident; or even a claim from a guest injured on your property.

That’s why farm insurance can help protect your farm and its produce, and the wellbeing of you, your family and the people that pass through your property.

Who should consider it?

Whether you’re a large-scale crop grower or livestock producer or a small family or hobby farm, farm insurance can help protect your farm, its produce and livestock – and the people who benefit from it.

“The total value of principal Australian agricultural commodities (crops, livestock and livestock products) produced in Australia in 2016-17 was $39,671 million.”

Australian Bureau of Statistics, 2018

Did you Know?


$60 billion – Australian Farm income passed $60 billion for the first time in 2016/17.

(National Agriculture Day, Food, Fibre & Forestry Facts, 2018)


In NSW alone, theft of cattle and sheep between January and October in 2017 cost farmers $2.8m and $1.4m respectively.

(The Land, ‘Thefts costs farmers millions,’ 2018)


Approximately 1 in 30 homes are burgled in Australia e

In 2009–10, 17,400 agricultural workers
become ill or were injured through work.

(Safe Work Australia, Work- related deaths and injuries on Australian Farms, 2013)

What can it cover?

Farm insurance can be tailored to cover your home and farm buildings, livestock, vehicles, equipment and more. It can also safeguard you against theft and loss of income. For example, a typical farm insurance pack can cover:

Type of coverPotential benefits
Home PropertyDomestic property and belongings from defined events or accidental damage. Cover may include buildings, contents, personal effects, legal liability and/or domestic workers compensation cover.
Farm PropertyPhysical loss or damage to farm property caused by defined events or accidental damage.
Public and products liabilityClaims by third parties for personal injury and/or property damage and/or legal costs
in connection with the farming business.
Accident and sickness coverRegular payments to help keep your business running if you’re injured or fall ill.
LivestockDeath or loss of livestock due to specified events.
Machinery breakdownDamage to electrical and mechanical machinery, boilers and pressure vessels for loss
or damage caused by breakdown.