Helpful information for Oklahomans from wheat fields to city streets.
03/02/2023
Want to make sure you have the perfect policy to protect your farm or ranch? No matter what type of farming or ranching operation you manage, it’s important to have coverage that meets your individual needs. Here are some must-know factors to consider when picking property and liability coverage for your farm or ranch!
Protect your property with the right coverage. OKFB’s Farm Personal Property coverage options are here to make sure your farm and ranch basics – like livestock, hay, grain and equipment – are covered in case of damage. However, farm machinery and equipment are only protected by incidents listed in your policy, so make sure to review your policy carefully and know what’s covered and what’s not.
Personal property typically doesn’t cover general wear and tear, so it’s important to ensure your equipment is up-to-date and regularly maintained. Additionally, those with complex machinery – think high-tech harvesters or tractors – consider adding extra protection for peace of mind!
Personal property insurance isn’t the same as home insurance. If you’re looking for a home insurance policy, finding the right coverage can be much easier than you think! Talk to your local OKFB agent about finding the right home insurance policy to meet your needs.
Think your small business doesn’t need liability insurance? Generally, every employee in Oklahoma is covered by the workers’ compensation laws of the state. Oklahoma statutes require employers to purchase workers’ compensation insurance for all employees, full-time or part-time, though there are a few exceptions.
As a responsible farm or ranch owner, you’ll want to make sure all of your bases are covered. Farm and ranch liability insurance is the key! We offer many different types of policies to fit your needs. A liability insurance policy can keep you covered in case you become legally liable for property damage or bodily injury. For example, Farm Employee Liability coverage can provide compensation to employees you are legally obligated to cover.
With additional coverage options like Medical Payments to Others, Farm Employees Medical Payments and more, there are plenty of ways you can protect yourself, your employees and your livestock.
With the right policy, you can trust that your farm or ranch is safe if disaster strikes. From farm property to liability insurance, it’s important to understand the different policies available and choose one that fits your needs. With a comprehensive understanding of what type of coverage will work best for your business, you can rest assured knowing that your farm or ranch has the protection it deserves.
Whether you’re a long-time policyholder or just starting to look for insurance options, we have team members who can help. If you have questions or concerns that you want to discuss, connect with your local OKFB agent today. If you have any insurance-specific questions, we would love to help you find the coverage that best meets your home, auto, commercial and life insurance needs.
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The information on this website is not a contract, as it is provided for general information to explain potential types of insurance coverages. Further, descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. Please read actual policy documents for important details on coverages, exclusions, limits, conditions, and terms. If there is any conflict between the summary and/or information on this website versus the policy documents, the policy documents shall control. Please contact an Oklahoma Farm Bureau Mutual Insurance Company (OFBMIC) Agent to learn more about insurance coverages offered by and through OFBMIC.
Life insurance and annuity products are offered through Farm Bureau Life Insurance Company/West Des Moines, IA and are intended for residents of AZ, IA, ID, KS, MN, MT, ND, NE, NM, OK, SD, UT, WI and WY.
