Farm and Agribusiness
At the Governor Insurance Agency, we know that Agribusiness and Farm Insurance requires special knowledge of both the business side of operations as well as home and property coverage. If you are looking for the best combination of protection, service, and price for your farm insurance needs, the Governor Insurance Agency staff is ready to assist you in finding the best insurance coverage for your farm. As an Independent Agency we will seek the best available coverage at the most competitive rate from a number of top-rated insurance carriers. Whether your farm is a gentleman's farm, or a medium or large operation, let us help you find the most appropriate coverage for your farm needs.
At the Governor Insurance Agency, we know that your farm is important to you and you have a lot to protect. That is why we take the time to analyze your farm insurance needs, develop a plan that is customized and responsive to your own specific situation, and offer you a competitive pricing that is reflective of your exposure and experience. We will help to protect your farm's assets when disaster strikes.
Governor Insurance Agency offers the right combination of coverage to meet your business needs.
- Dwellings and personal possessions
- Barns and farm buildings
- Farm machinery and equipment
- Farm auto liability and physical damage
- Tenant belongings and residence
- Livestock
- Stored grain and produce
- Farm liability
Equine Insurance
In 2006, the Governor Insurance Agency expanded into offering the broadest range of Equine/Farm/Ranch coverage's. Whether it be a small pleasure horse farm, commercial equestrian operation, small gentleman's farm or a large complex business farm; we can offer the most comprehensive coverage available today.
Equine Specialty coverage can include:
- Mortality
- Major Medical
- Loss of use
- Surgical
- Accident, Sickness and Disease
- Increased Mare Valuation
- Substantiation of Value
- Extended Renewal Protection
Mortality
Term insurance for animals, similar to a life insurance policy, that will pay the agreed value of your horse if it dies from any accidental or natural causes. Includes Emergency Colic Surgery Expense at no additional charge on horses. The policy will pay this benefit even if the horse is stolen. While we specialize in coverage for horses, coverage can be provided for valuable animals including cattle, club calves, 4-H or FFA animals and alpacas.
Limited Animal Mortality Coverage
This is a limited term insurance policy for animals. This coverage covers the insured against a loss as a result of a stated variety of perils. Some of these perils include fire, lightening, windstorm, hail, theft, collision and upset while in transit, accidental shooting and drowning. This type of policy allows the animal to be insured against these stated perils at a discounted rate. This Limited Animal Mortality Coverage does not include such endorsements as listed below.
Major Medical
This is an endorsement to a mortality policy that helps control veterinarian fees for unforeseen events covering reasonable and customary medical and surgical expenses of a licensed veterinarian necessitated by an accident, injury, illness or disease. This includes the option to go up to $5,000, $7,500 or $10,000 in medical coverage and is applied to a basic mortality policy. There is a $250 deductible per claim on all medical claims.
Loss of Use
This is an endorsement to a mortality policy that protects the insured's investment in animals that are no longer able to fulfill their functions, yet do not need to be destroyed for humane reasons. This benefit pays out up to 60% of the insured value for horses.
Surgical
This is an endorsement to a mortality policy that covers up to $5,000 of surgical expenses incurred to save the life of a covered animal when the surgery is required as a direct result of a covered accident, injury, sickness or disease.
Substantiation of Value
This in an endorsement to a mortality policy that allows the insured to increase the agreed value of an insured animal by providing information such as show/performance records, training records, stallion records, foal records or broodmare records. All of this information can be submitted and will be reviewed by an underwriter to determine an increased agreed value on the animal to be insured.
Extended Renewal Protection
This coverage permits the renewal of coverage on a designated animal without the need for a current veterinarian's health certificate if the renewal is for the same use.
Increased Mare Valuation
This coverage applies to a specifically listed covered mare to include the cost of the stud fee for a specific pregnancy. This endorsement will cover the mare during the term of her pregnancy and reduces the limit of insurance to a specified amount at the earliest of live birth, abortion, stillbirth or any other termination of the specified pregnancy.
Accident, Sickness, and Disease Coverage
This endorsement covers stallions that become incapable of servicing mares due to covered infertility, impotence, accident, injury, sickness or disease.
