Broker-arranged
Farm insurance
Insurance for farming businesses: farm property, machinery, livestock and crops, public liability for visitors and contractors, and workers compensation for farm workers. A licensed broker arranges it.
- Property, machinery, livestock and crops
- One short form, then a licensed broker takes it from there
What insurance does a farm need?
Most farms combine a farm pack for buildings, machinery, livestock and stock with public liability, and workers compensation for employees. Crop cover is available for some risks: the Department of Agriculture notes that insurance markets work well for hail and fire, while cover for drought remains more limited.
The ABS counted 170,185 agriculture, forestry and fishing businesses at 30 June 2026. It was the only industry where the number of businesses fell in 2025–26, down 0.5%.
What a farm program can include
| Cover | What it’s for |
|---|---|
| Farm property | Homes, sheds, fencing, water infrastructure and contents. |
| Machinery | Harvesters, tractors and equipment, including breakdown. |
| Livestock | Death or injury from insured events. |
| Crops | Named perils such as hail and fire. Drought cover is limited. |
| Public liability | Visitors, contractors and the public on your land. |
| Workers compensation | Farm employees, under your state’s scheme. |
After a fire, flood or storm
Agriculture Victoria advises notifying your insurer or broker as soon as you can after an incident, and making sure they know about decisions to destroy injured livestock, major repairs or major clean-up. The Rural Financial Counselling Service offers free financial counselling to farmers in hardship.
How to get farm cover through us
Farm insurance questions
What insurance does a farm need?
Usually a farm pack for property, machinery and livestock, public liability, and workers compensation for employees. Crop cover depends on what you grow.
Can I insure crops against drought?
Drought cover is limited in Australia. Insurance markets work better for hail and fire, and some index-based products exist.
What should I do after a disaster?
Notify your insurer or broker as soon as possible, and tell them before destroying injured livestock or starting major repairs or clean-up.
Do farms need public liability?
If visitors, contractors or the public come onto your land, public liability covers injury or damage claims.
Why are farms arranged by a broker?
Every farm is different, so a licensed broker reviews your property, stock and operations and arranges suitable cover.
Keep reading
More industries arranged by a broker
Sources
Farmers