Farm Insurance Site Map

Check out our Calculators

• Life Insurance Calculator
• Farm Insurance Calculator

Read our News Articles

• IAG and Ag Guard Forge Partnership to Elevate Crop Insurance for Australian Farmers

  In a significant development for Australia's agricultural sector, Insurance Australia Group (IAG) has announced a strategic partnership with Ag Guard, a specialist rural underwriting agency. This collaboration will see Ag Guard managing the underwriting for IAG-owned CGU and WFI's crop insurance portfolios starting June next year.

• WFI Insurance and AgCarE Collaborate to Incentivize Sustainable Farming Practices

  In a move to promote sustainable agriculture, WFI Insurance has partnered with AgCarE, a certification program developed by AgForce, to offer premium reductions to farmers who achieve AgCarE certification. This collaboration aims to enhance financial, environmental, and social outcomes for Australian farmers and rural communities.

• Diversification in Small Farms Creates New Avenues for Insurance Brokers

  The landscape of Australian agriculture is undergoing a significant transformation as small commercial farms increasingly diversify their operations to enhance income and sustainability. This shift presents both challenges and opportunities for insurance brokers, as new ventures introduce complex risk management needs.

• Urgent Call for Enhanced Farm Safety Amid Rising Fatalities

  In 2024, Australian agriculture faced a significant safety crisis, recording 72 farm-related fatalities—the highest in over two decades. This alarming statistic underscores the urgent need for enhanced safety protocols and awareness within the farming community.

• Soaring Insurance Costs Challenge Australian Farmers

  Australian farmers are confronting a significant surge in insurance premiums, a trend largely attributed to the increasing frequency and severity of extreme weather events. Over the past few years, many farmers have reported that their insurance bills have more than doubled, with annual premiums exceeding $100,000.

• Revolutionising Crop Insurance with Satellite Technology

  In a significant advancement for Australian agriculture, Insurance Facilitators (IF), a family-owned underwriting agency, has introduced a data-driven crop insurance solution leveraging satellite technology. This innovative approach aims to address longstanding challenges in the industry, including premium leakage and risk accumulation, by providing more accurate and efficient risk assessments.

• WFI and AgCarE Join Forces to Reward Sustainable Farming Practices

  In a significant move towards promoting sustainable agriculture, WFI Insurance has partnered with AgCarE, a certification program developed by AgForce, to offer premium reductions to farmers who achieve AgCarE certification. This collaboration aims to enhance financial, environmental, and social outcomes for Australian farmers and rural communities.

• Rising Insurance Costs Challenge Australian Farmers as Extreme Weather Intensifies

  Australian farmers are confronting a significant surge in insurance premiums, a trend largely attributed to the increasing frequency and severity of extreme weather events. Over the past few years, many farmers have reported that their insurance bills have more than doubled, with annual premiums exceeding $100,000.

• Diversifying Small Farms Open New Avenues for Insurance Brokers

  The landscape of Australian agriculture is evolving as small commercial farms increasingly diversify their operations to enhance income and sustainability. This shift presents both challenges and opportunities for insurance brokers, as new ventures introduce complex risk management needs.

• NRMA's Departure from Farm Insurance: What It Means for Australian Farmers

  In a significant shift within the Australian insurance landscape, NRMA has announced its withdrawal from the farm insurance sector, ceasing the sale of new policies as of July 1, 2025. This decision leaves many farmers seeking reliable alternatives to safeguard their livelihoods.

• Diversification Drives New Insurance Needs for Australia's Small Farms

  In the evolving landscape of Australian agriculture, small commercial farms are increasingly diversifying their operations to enhance income and sustainability. This shift, while offering economic benefits, introduces new complexities in risk management and insurance coverage, presenting both challenges and opportunities for insurance brokers.

• Satellite Technology Revolutionizes Crop Insurance for Australian Farmers

  In a significant advancement for Australian agriculture, Insurance Facilitators (IF), a family-owned underwriting agency, has introduced a data-driven crop insurance solution leveraging satellite technology. This innovative approach aims to address longstanding challenges in the industry, including premium leakage and risk accumulation, by providing more accurate and efficient risk assessments.

• ASIC Takes Legal Action Against RACQ Insurance Over Misleading Premium Comparisons

  The Australian Securities and Investments Commission (ASIC) has initiated Federal Court proceedings against RACQ Insurance, a subsidiary of Insurance Australia Group (IAG), alleging that the insurer misled over 570,000 customers through deceptive premium comparison pricing in renewal notices issued between September 2019 and December 2024.

• Surge in Farm Impact-Related Claims Raises Safety Alarms

  WFI Insurance has reported a significant 44% increase in farm impact-related claims over the past year, marking the highest level in four years.

• Rising Insurance Premiums for Farm Machinery Amidst Increasing Extreme Weather Events

  Australian farmers are grappling with a significant rise in insurance premiums for farm machinery, driven by the increasing frequency and severity of extreme weather events. Some farmers have reported that their insurance bills have more than doubled over the past few years, with annual premiums exceeding $100,000.

Read our Articles

• The Farmer's Handbook to Quick and Effective Insurance Claims

  Insurance is a vital part of safeguarding any farming operation. As a farmer, protecting your property, equipment, and livelihood from unexpected events like natural disasters, theft, or accidents is crucial. Adequate insurance coverage ensures that you can recover quickly from setbacks without enduring overwhelming financial strain.

• Investing in Cybersecurity: A Crucial Step for Sustainable Farming

  Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. In the context of agriculture, it involves safeguarding the digital solutions and technologies that have become intrinsic to modern farming operations.

• How to Choose the Right Farm Insurance Policy for Your Needs

  Farm insurance is a type of coverage designed specifically for the unique risks and operations involved in farming. It encompasses protection for farm dwellings, equipment, livestock, and crops, offering a tailored approach that reflects the diverse needs of farm owners.

• Common Myths About Farm Insurance Debunked

  Whether you're a seasoned farmer or just starting out, understanding farm insurance is crucial. It's more than just a safety net; it's a way to ensure that your farming business can withstand unforeseen challenges. By safeguarding your livelihood, farm insurance offers peace of mind amidst uncertainties.

• The Impact of Weather on Farm Insurance Rates: What You Should Know

  Farming in Australia is a dynamic venture that requires careful planning and management. One of the crucial aspects every Australian farmer should consider is farm insurance. It provides a safety net against potential financial losses arising from various risks.

• 5 Key Types of Farm Insurance Policies for Australian Farmers

  As an Australian farmer, understanding the necessity of farm insurance is crucial to protecting your livelihood. The agricultural sector is inherently fraught with risks, ranging from natural disasters to the unpredictable market. Farm insurance serves as a vital safety net, safeguarding your farm's infrastructure, crops, livestock, and more.

• Understanding Farm Equipment Insurance: What Rural Australians Need to Know

  Farm equipment insurance is crucial for rural Australians who rely on their machinery for agricultural productivity. This insurance provides a safety net, helping to mitigate the financial risks associated with equipment loss or damage.

• Income Protection for Farmers: Ensuring Stability Through Tough Times

  The world of farming is one filled with uncertainties. Weather conditions, market prices, and various other factors can create a highly volatile income stream for those within the agricultural sector.

• Essential Coverage vs. Optional Add-ons: Balancing Protection and Costs

  For Australian farmers, having the right insurance coverage isn't just a safety net—it's an integral part of sustaining their livelihood. Natural disasters, unpredictable climate conditions, and the inherent risks of agricultural production underline the critical importance of robust insurance for the agricultural community.

• Top 10 Ways Australian Farmers Can Slash Insurance Costs Without Risking Coverage

  Welcome to our definitive guide for Australian farmers on managing one of the most crucial aspects of their business: insurance. As a cultivator of the land, you're no stranger to the unpredictability of nature and the market.

• The Ultimate Guide to Affordable Farm Insurance for Australian Farmers

  Welcome to 'The Ultimate Guide to Affordable Farm Insurance for Australian Farmers.' As stewards of the vast Australian countryside, farmers face an array of unique challenges and risks. Every day, they grapple with the forces of nature, the volatility of the markets, and the complexities of modern agricultural operations.

• Secure Your Farm's Future: Understanding the Importance of On-Farm Risk Assessment

  In the ever-evolving landscape of modern agriculture, the security and stability of a farm hinge on thorough preparation and strategic foresight. A pivotal component in safeguarding a farm's future lies in the critical role of on-farm risk assessment.

• When the Rain Doesn't Come: Financial Planning Tips for Persistent Drought

  For farmers across rural Australia, the unyielding dry spells brought on by persistent drought conditions are not just an environmental concern but a significant financial challenge. Effective financial planning becomes a cornerstone strategy for ensuring the resilience and longevity of these crucial agricultural businesses.

• Is Your Farm Under-Insured? Tips for Assessing Bushfire Insurance Adequacy

  The threat of bushfires looms large over the vast expanses of rural Australia, shaping the reality of farming in this sunbaked landscape. The risk, always present, escalates as the climate warms and dry conditions persist.

• Navigating Farm Succession: A Step-by-Step Guide for Rural Australian Families

  Welcome to our comprehensive guide on navigating farm succession for rural Australian families. The journey of passing on a family farm from one generation to the next is both a critical and challenging milestone.

• Agribusiness Risk: Liability Issues Facing Australian Farmers Today

  The agricultural sector in Australia carves a significant portion of the country's economy, contributing to its GDP and providing employment across rural and suburban areas.

• Livestock Insurance for Aussie Farmers: What You Need to Know

  Livestock farming is a significant part of the Australian agriculture industry. As with any business, farmers face numerous risks such as disease, death, theft or extreme weather events, which could cause damage or loss to their livestock assets.

• What You Need to Know About Crop Insurance for Your Farm

  Farming is a risky business. As a farmer, you are at the mercy of the weather, pests, and other challenges that can threaten your crops and your livelihood. That’s where crop insurance comes in.

• The importance of income protection insurance for hobby farmers

  As a hobby farmer, you may not rely on your farm for your main source of income. Perhaps you have a full-time job but enjoy farming as a way to supplement your income and pursue a passion.

• How to Save Money on Your Farming Insurance Premiums

  When looking for farming insurance, it is important to shop around for the best deals. Don't simply rely on the first insurance company that you come across. Take the time to research various companies and their policies. Compare them based on their coverage, premiums, and deductibles.

• Preparing for the Worst: Developing a Comprehensive Disaster Response Plan for Your Farm

  As a farmer, you know that unexpected events can have a significant impact on your farm and your livelihood. Natural disasters, such as floods, fires, droughts, and storms, can occur at any time and have devastating consequences.