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NRMA's Departure from Farm Insurance: Implications and Alternatives for Australian Farmers

Understanding the Impact of NRMA's Exit and Exploring New Insurance Solutions

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a significant shift within the Australian insurance landscape, NRMA Insurance ceased offering farm insurance policies, including Hobby Farm and Rural Farm Insurance, as of July 1, 2025.

This decision has left many farmers seeking reliable alternatives to safeguard their livelihoods.

NRMA has directed customers to WFI Insurance for farm coverage. WFI offers tailored policies designed to meet the unique needs of Australian farmers, providing comprehensive protection for crops, livestock, machinery, and buildings.

For farmers affected by NRMA's exit, it's crucial to assess current insurance needs and explore available options. Consulting with insurance brokers who specialise in agricultural coverage can provide valuable insights and help identify policies that offer the best protection and value.

In conclusion, while NRMA's withdrawal presents challenges, it also offers an opportunity for farmers to reassess their insurance strategies and ensure they have robust coverage in place to protect against the myriad risks inherent in agriculture.

Published:Thursday, 26th Feb 2026
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

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NRMA's Departure from Farm Insurance: Implications and Alternatives for Australian Farmers

26 Feb 2026: Paige Estritori

In a significant shift within the Australian insurance landscape, NRMA Insurance ceased offering farm insurance policies, including Hobby Farm and Rural Farm Insurance, as of July 1, 2025. This decision has left many farmers seeking reliable alternatives to safeguard their livelihoods. - read more

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Subrogation:
An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.

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