We help local farmers find the farm insurance coverage they need to help their business succeed in Ontario.
At the Ostic Group, we know that every farm has different needs, depending on whether you are raising livestock, growing crops, or something in between. We don’t believe in a one size fits all approach to farming insurance coverage — this is why we offer a selection of policies designed to help your farming operation by covering exactly what you need.
Our team will help you create a policy that provides peace of mind and lets you get back to what matters — running a safe and successful farm. See below for more information on the different types of farmers’ insurance, as well as discounts and additional coverage available.
Farm Insurance Programs
At The Ostic Group, we have farm insurance programs designed to meet the insurance needs of farms with various types of activities and operations including, but not limited to, the options below:
Farm Insurance Policies & Packages
A Farm Insurance Policy can provide insurance coverage to protect the farmer against the following situations:
- Damage to the dwelling and personal property of the farmer and his family
- Damage or loss to property or assets owned by the farm
- Resulting financial loss caused by the disruption of the farming activity due to damage to property or assets
- Acts of crime that results in damage to property or the loss of assets
- Financial loss should you be sued because of property damage, injuries, or death caused by your services, products, business operations, or your employees.
Custom Farm Insurance
We can offer insurance protection for custom farming operations that will provide coverage for machinery, including Loss of Use and Liability Protection against claims for damage to property, persons, and the environment as result of custom farming activities. Your package can be tailored to the needs of your specific farm, including coverage for:
- Corn harvesting
- Farm work done for others
- And more
Farm Owner’s Package Policy
At The Ostic Group, our Farm Owner’s Package Policy is designed to cover the usual property and liability exposures associated with farming. These include the dwelling, personal contents, premises and personal liability protection for members of the immediate family of the farmer.
A Farm Owner’s Package will include coverage for Farm Outbuildings, Farm Machinery & Equipment, Farm Produce, Farm Livestock, and Business Interruption protection in the event of an insured loss.
Farm Liability Insurance
Personal and Farm Liability
Public liability provides protection for an insured for claims arising out of unintentional bodily injury of another person or loss or damage to the property of others as a result of the insured’s negligent activities arising from personal pursuits of the insured or the insured’s farming operations.
- Coverage for bodily injury or property damage claims arising out of the sale of farm products
- Coverage for bodily injury or property damage claims arising out of completed operations of the insured away from the farm premises
- Coverage for bodily injury or property damage claims arising from the operation of up to three self-propelled farm vehicles
- Coverage can be extended to additional owned or rented locations including vacant farmland
- Coverage can be extended to cover other farm income producing activities including but not limited to:
- Farm Produce
- Pick Your Own (Ground Crop) (e.g. strawberries, peas)
- Pick Your Own (non-Ground Crop) (e.g. apples, pears)
- Sale from Roadside Stands or Market Stalls
- Custom Farm Work
- Custom Spraying
- Dog Kennels or Pet Boarding
- Horse Boarding Stables
- Hay or Sleigh Rides
- Welding & Machinery Repair
- Corn Dryer Operation
- Bed & Breakfast service
- Receptions and Social events
- Rented Dwellings or Land
Limited Pollution Liability
Protects the farmer, who qualifies for the coverage, against liability arising from sudden and accidental pollution incidents that cause bodily injury property damage and clean-up costs, subject to the terms and conditions of the policy wording.
Non-Owned Auto Liability
The Non-Owned Auto policy provides coverage for loss or damage arising from the use or operation of any automobile not owned in whole or in part by or licensed in your name. The purpose of the Non-Owned Automobile Policy is to protect you as an employer when employees operate vehicles not owned by the employer on behalf of the employer. If you have employees you should consider a Non-Owned Automobile extension to your liability insurance coverage, since you could be sued whenever an employee has an automobile accident while on farm business in their own vehicle.
Umbrella Liability Is a special form of liability policy designed to protect you for certain unknown contingencies over and above the normal coverages and to provide excess insurance. This policy will only usually respond if your primary Farm General Liability Policy limit is insufficient to pay the judgment or the policy does not provide protection for the action you are being sued for. Please contact us to review your policy limits and potential liability exposures and your possible need for an Umbrella Liability Insurance Policy.
This coverage will apply in the event your farming activity is unable to continue as the result of an insured loss to your farm buildings or livestock. The purpose of the coverage is to cover all or a portion of your lost earnings caused by the insured peril.
Extra Expense Coverage
This coverage is designed for the farmer that must remain operational during the period affected by damage caused by the insured loss. Extra expenses may be incurred if you have to carry on business at another location (e.g. barn rental, equipment rental, transportation costs).
Farm Livestock Insurance
Farm livestock includes all animals held for sale or use in the farm operation. These can include horses, beef cattle, dairy cattle, hogs, poultry, sheep, goats, or other types of livestock. Farm livestock can be insured on a blanket basis with a limit of coverage applied to the entire herd. A maximum amount payable defined for any one animal and/or individual animals can also be scheduled with an assigned amount of coverage supported by a valuation appraisal.
Extended Coverage Options
Coverage can be extended to protect against loss caused by hardware, animal birth, bloating (commonly known as frothy bloat), physical injury to animals causing death or destruction, and rabies (in excess of government payments).
Veterinary or Roundup Expenses
We can offer protection for the opportunity to recover veterinarian expenses incurred when the insured livestock are injured, but do not die or require destruction. This coverage can only be offered for horses and cattle. In addition, coverage can be purchased for the expenses necessarily incurred for the roundup of escaped livestock from the farm premises.
Heat Prostration & Live Mortality Coverage
Heat prostration coverage can be purchased for confined livestock. This would be used in the event of their death due to changes in temperature or atmospheric conditions as a result of the insured perils causing physical damage to the heating or ventilating system and the apparatus supplying power to those systems.
Livestock mortality coverage is available as well. but is usually limited to individual animals that have a high value due to their rarity or breeding pedigree.
Milk Contamination Coverage
An extension of coverage can be purchased for the value of milk originating from the insured’s premises that is condemned by the Ontario Milk Marketing Board as a result of contamination by animal medications, presence of a cleaning solution, or failure to activate the bulk milk cooling tank.
Semen And/Or Embryo Tank Coverage
An extension of coverage can be purchased for value of livestock semen, embryos, or refrigeration tanks on all risks basis subject to policy wordings. This coverage would include losses caused by changes in temperature due to the escape of liquid nitrogen from the tank in which the semen and/or embryos are stored.
Farm Produce Insurance
Farm produce includes anything that is a product of the soil, including harvested crops such as hay, straw, grain, corn, beans, vegetables, as well as milk and eggs. Farm produce includes commercial feeds, fertilizers, herbicides, pesticides, and unharvested crops in the field that are damaged by fire with a limitation of coverage per acre (as defined in this policy). Specific policies are available for organic produce.
Farm Property Insurance
Farm property covers any commercial structures on your farm, such as barns, machinery sheds, silos, granaries, feed bins, and similar. It also includes self-propelled farm equipment (tractors and harvesting equipment); barn equipment for milking, feeding, ventilation, and heating; and farm implements and equipment for tilling, planting, spraying, and manure handling.
Personal Property Insurance
Personal property coverage includes all personal property owned by the homeowner and his immediate family. There are limitations within most homeowners policies for damage or loss to personal property including, but not limited to, cash, securities, jewelry, furs, collectables, and watercraft. Further, business property that is kept at the dwelling will also have a limitation of coverage. This coverage can also be extended to students away at school.
Farm Dwelling Insurance
Dwelling(s) on the farm property are those that are occupied by the farmer and his family. Other dwellings including rented dwelling & employee residence the farm property can also be protected on this policy.
Farm Outbuilding Insurance
Insurance for farm outbuildings covers buildings on the farm property including barns, sheds, grain bins, feed tanks, silos, and tarp building. This policy is subject to conditions, as farm outbuildings can be insured on a full building replacement cost basis, however, most farm outbuildings will be subject to a Rebuilding Clause. This clause restricts payment to 50% of the amount payable at the time of the loss. Subsequent payments up to the limit of coverage are made when repair or replacement of the damage structure is complete.
Loss of Use
Coverage can be purchased to protect against the loss of use because your building is unsuitable for regular activity after an insured loss occurs.
Farm Machinery Insurance
Farm machinery includes farm tools, machinery and implements common to the operation of a farm, while in use for agricultural purposes.
Items of farm machinery and equipment can be individually scheduled on your policy or you can, with some limitations, purchase a blanket limit of coverage for a class of equipment.
Farm Vehicle Insurance
Self-propelled farm vehicles such as tractors, combines, and any other mobile farm implement used in the business of farming are included in the category of farm machinery.
Farm Equipment Insurance
Stationary equipment such as feeding and milking systems, silo unloaders, manure handling system and electrical equipment are also included in the farm machinery category.
Renewable Energy Systems
Renewable energy systems such as solar, wind, micro-hydro, and anaerobic digestive systems can be insured for loss or damage to the equipment including mechanical breakdown, loss of income due to an insured loss, and liability insurance protection, if the power generated by the systems will typically be sold to the hydro grid.
Mechanical breakdown insurance covers equipment such as boilers, other fired or unfired pressure vessels, and mechanical or electrical equipment used for generation, transmission or utilization of electrical power. Coverage is provided for both damage to the insured equipment, as well as other insured property that is damaged by the breakdown of the equipment.