Livestock Insurance 101: A Guide For New Livestock-Owning Farmers

When your business relies on the health and livelihood of animals to succeed and turn a profit, it can have you facing some really scary concerns. That are so many variables and factors that can come into play that would threaten the return of your initial investment in livestock that it is only logical top have some form of insurance. Thankfully, one sect of business insurance for farmers is livestock insurance, which essentially covers the animals you have on your farm.

If you are new to livestock farming, you are bound to have some questions about how it all works. Here is a brief glance at some of the more common questions new farmers tend to have about livestock insurance coverage. 

What types of animals will livestock insurance cover?

This will really depend on the insurance agency you choose to insure with, but most offer coverage policies in some form for just about any type of livestock because this is by any measure business inventory. Some examples of animal types that you could most likely obtain livestock coverage for include:

  • swine or pigs
  • sheep
  • cattle
  • chickens, turkey, and other poultry
  • rabbits
  • alpaca
  • horses
  • emu

How can the animals be insured?

You can choose to have the animals insured in several different ways depending on what your chosen insurance company has to offer. Most insurance companies offer what is commonly referred to as blanket insurance. This type of insurance essentially covers everything on your farm business, including the livestock, under one policy. However, you can also usually find herd insurance, which is separate from the rest of your policy and can be easier to manage if you have herds of different types that all need their own coverage. Additionally, individual livestock insurance may be a possibility. This insurance involves investing in a policy for each animal, which can be necessary if the livestock you are raising is highly valuable. 

What will the livestock insurance cover once it is in place?

In general, livestock insurance will cover the untimely death of the animals, but not death related to aging or natural causes. A few examples of things that could cause the untimely death or loss of your livestock would include things like natural disasters such as fire or flood, collision with a motor vehicle or farm equipment, loss during transport, and animal-related attacks on your livestock. Extended coverage options may also be available for protection against whole-heard disease outbreaks that result in a major loss. 

For more information regarding protecting your livestock insurance wise, contact businesses such as Inspro Insurance.


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