Farm and ranch property insurance can provide crucial financial protections for your assets – including livestock. Severe weather and other natural disasters can happen fast – exposing your herd to risks, and you to a loss of income. A Farm Bureau agent and Ag Underwriter will do an On-Site SuperCheck® before recommending customized coverage options for your operation:
Livestock Gross Margin (LGM) can help protect your livestock operation against potential revenue loss caused by declining prices and increasing feed costs. It provides insurance coverage against the loss of gross margin for cattle, swine, and dairy cattle.
Livestock Risk Protection (LRP) can help protect your livestock operation against declining cattle, swine, and lamb market prices. It offers a variety of coverage levels and periods of insurance to correspond with general feeding, productions and marketing practices.
As demand and prices fluctuate, keep your revenue stable. Dairy Revenue Protection (DRP) can help protect against unexpected declines in quarterly revenue from milk sales because of a decline in milk prices, a decline in milk production or a combination of both. Dairy producers can choose from one of two pricing options, which allows them to accurately reflect their own farm-level risk.
When it comes to protecting your livestock, you need to know that your insurance provider understands your farm or ranch. I and Ag Underwriters work hard to protect your commercial ag operation from unnecessary exposures.
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