Farm insurance policies are complicated, and it’s not always easy to say what is covered without a detailed review of the coverage you hold and the type of farm you operate. Your farm insurance likely consists of a number of policies and types of coverage, and the reality is that you may be submitting several different claims under several policies for your drought-related losses.
Ultimately, the drought-related losses that are covered depend heavily on the details of your farm insurance policies and even the state in which you operate. However, some commonly covered drought losses might include:
- Crop losses
- Livestock losses
- Loss of farm products, like feed, seeds, or fertilizers
- Damage to buildings, including homes, barns, outbuildings, and more
- Damage to farm equipment and vehicles
- Some business losses
Since droughts often affect a large area and numerous agricultural businesses, there may also be additional government programs available to help you get back on your feet.
Because farm insurance policies can be so complex, many farm owners miss out on avenues that might maximize their recovery under existing programs and policies. Don’t make the same mistake. If you need help making sense of agricultural insurance claims for drought-related damage, don’t wait any longer to reach out to our experienced policyholder attorneys. Request your free copy of our book, Drought: Agricultural Effects, Insurance Claims, and Beyond, or give our team a call to talk about your concerns in person and in depth.