Farm insurance

Crops, machinery, livestock, liability, workers — types and rough anchors

By topic

Crop insurance

Crop insurance: drought, hail, frost, flood. Cost 2–6% of sum insured by crop and region; state subsidies partially compensate.

Property & machinery

Machinery — CASCO or specialized cover for theft/damage; buildings and storage — fire and disaster. Leased equipment requires insurance.

Livestock

Herd insurance against death, disease, disasters. Rates depend on species, age, housing conditions; veterinary records required.

Liability

Third-party liability — damage to neighboring fields (pesticide drift, escaped livestock), product liability for processing.

Workers

Mandatory accident insurance for hazardous work; voluntary medical for permanent staff.

State program

Agricultural insurance fund and premium subsidies (up to 50%) — check current Ministry of Agriculture programs.

Agri insurance is a credit prerequisite: banks require policies for collateral. Crop insurance is expensive but subsidy programs make it affordable — check current terms.