Poultry farm insurance is needed for every single bird you have on the farm. Just as any other business requires insurance, the poultry business is equally a necessity to be insured due to the high cost involved in its operations.
According to MercoPress, “More than 50,5 million birds in US poultry farms have been slaughtered because of avian flu outbreaks among flocks in over forty states, according to the Department of Agriculture”.
Supposing your poultry farm has no insurance coverage, how do you cover huge losses from the spread of avian influenza and accidents during farm operations?
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Types of poultry farm insurance coverage
- Liability insurance coverage.
- Property coverage.
- Poultry insurance.
- Farm machinery insurance.
1. Liability insurance coverage.
Liability insurance covers damage to your visitors or guests’ properties. It also covers accidents anybody excluded from the poultry farm staff may be involved in within the premises of the poultry farm.
Liability insurance will assess the situation and ensure you don’t incur unnecessary costs from accidents your visitors may have been involved in on the farm.
2. Property coverage.
Insurance coverage may include property coverage covering properties on the farm like silos, poultry structures, coops, bans, and residential buildings in which you reside or have resident staff. Also, read poultry house insurance.
3. Poultry insurance.
The sustainability of the poultry business is dependent on the number of birds a farmer owns. The higher the number of birds, the higher the revenues generated. Unfortunate incidents like flooding, fire outbreaks, theft, winds, and other natural disasters can collapse the business, hence the need to put poultry birds under insurance coverage.
4. Farm machinery insurance.
Poultry businesses function effectively when supplying meat and eggs, processing poultry products, hatchery incubators, and vehicles. All these farm machines need insurance coverage.
What is covered under poultry insurance?
Poultry insurance may cover financial losses, flooding, fire outbreaks, feedlots, and machine coverage. Most poultry insurance schemes provided the insurance companies may have their coverage policies.
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What is not covered by poultry insurance?
Poor management of birds resulting in losses will not be covered by poultry insurance as it will be seen as a deliberate act. Illegal sales, transport via sea or air, acts of war and terrorism, nuclear explosions, and neglect actions will not grant a poultry farm insurance coverage.
Poultry farm insurance cost.
The average chicken farm insurance cost is $80 per month or $960 per year. Regular Poultry Farm Insurance coverage costs between $67 and $89 per month for poultry farms and industries.
Poultry farm insurance companies
- General liability.
- Supreme poultry farm insurance.
- Confinement Agriculture- Poultry/Hog Insurance.
- Excalibur poultry insurance.
- Bajaj Allianz Poultry Insurance.
- Custom Poultry Insurance.
- Virginia Farm Bureau Insurance.
- National Insurance Company.
- Farm and Ranch.
- Joiner Poultry Farm Insurance.
