Livestock and Farm Animal Insurance
From dairy cows to beef cattle, your livestock are important investments — which is why they need the right protection. Accidents, bad weather and crimes are unpredictable, but you can be prepared by having the right coverage in place. With American Family Insurance, we’ll help build you a policy that protects your livestock from the unexpected.
What Is Livestock and Cattle Insurance?
Livestock and cattle insurance is coverage that protects your animals from the unexpected. Whether on the farm, ranch or in transit, your animals are considered your personal property. And if something were to happen to them due to a covered loss, we’ll help cover the cost to remedy the issue.
Livestock Insurance Costs
We understand that no two farms run exactly the same way, that’s why, at American Family Insurance, our livestock policies are highly customizable. We’ll help you build a single, hardworking policy that protects your individual insurance needs.
Your policy will have limits on the amount we’ll cover for your animals. To select these limits, you’ll choose between two types of coverage:
Unscheduled (blanket) coverage: Blanket coverage is available and intended for insuring all farm personal property inventory under one total limit. An advantage of blanket coverage is our co-insurance terms. This means, that if the insured covers their farm personal property to the full value of all property, then there’s a built-in coverage cushion for when property values fluctuate or if the insured adds property which increases the actual blanket value.
Scheduled coverage: With schedule coverage, you can pick and choose the individual animals you would like to insure and assign a specific amount of insurance to each. This offers you customizable coverage based on your specific needs, usage and budget. And it gives you adequate limits for your higher valued animals.
What Kind of Animals Does Livestock Insurance Cover?
At American Family Insurance, your livestock insurance protects the following animals: