Farm insurance

From Crops to Livestock and farm machinery, CGU has the expertise to tailor specialty insurance packages for all types of Farm Insurance. Call our Farm Insurance specialists on 13 24 81 to get a quote for Farm Insurance

Call us on 13 24 81

Insurance cover for your farm

CGU has the expertise to tailor specialty insurance packages for all types of farm operations – from hobby farmers and graziers to small and large regional businesses.

CGU Farm Insurance lets you tailor your policy by selecting from 11 sections of cover. Some of the key features include:

Home and contents

Protect your domestic homestead as well as your farm operations by including home and contents.

Farm property

Protect your farm buildings, contents, machinery, fencing, hay and livestock in the event of a fire or defined event like storm damage.

Farm liability

Protect your farm against liability claims for accidental property damage or personal injury as a result of your farm operations.

Farm vehicle

Add cover for your farm vehicles, including cars, tractors, trucks, utes, motorcycles, quad bikes, trailers, forklifts and mobile machinery.

Machinery breakdown

Covers breakdown of machinery you need to run your farm.

Additional covers you can add as part of your farm insurance package

  • Personal accident and illness

    Covers you for loss of income if you are unable to work because of an accident or illness.

  • Farm property in transit

    Protects your livestock, equipment, product and supplies against the fire, flood, collision, overturning or theft while they are in transit. 

  • Business interruption

    Covers a shortfall in your gross profit if your business is interrupted by an incident we cover. 

  • ​Portable and electronic equipment

    Covers the breakdown of office equipment, such as computers, printers and phones. 

  • Additional working costs

    Covers you for the additional expenses to maintain normal farm operations following a defined event (eg a bushfire), so you can keep you farm operating while critical equipment is replaced or property restored.

  • Tax audit expenses

    Covers the cost of professional fees resulting from a tax office audit or investigation. 

This is a summary only, for the full details of what is and is not covered, please read the Farm Insurance Product Disclosure Statement (PDS).

CGU insurance also offers a range of specialty farm covers and comprehensive tailored farm packages which are sold through insurance brokers and advisers. Find out more about specialist and broker farm cover.

Compare farm insurance products

CGU covers farms of all sizes - from small hobby farms and lifestyle properties to large enterprise farms. We offer 2 different farm products, with different sized farms needs in mind.

Hobby farm

- Farms under 100 acres in size -

Own a lifestyle property or hobby farm that's smaller than 100 acres and earns less than $50,000 income annually? Cover your home, contents and farm activities with Hobby Farm Insurance.

Get a quote

Working farm

- Farms up to 5,000 acres -

From Crops to Livestock and farm machinery, CGU has the expertise to tailor specialty insurance packages for all types of Farm Insurance. This insurance is designed for working farms that produce income over $50,000.

 

Call 13 24 81

Get a Farm Insurance quote

Want a quick quote right away? You can get a quote and buy your hobby farm insurance online in just a few minutes, or get cover for your working farm by speaking to one of our farm insurance specalists.

Get a quote
Call us on 13 24 81

Farm insurance FAQs

What size farms do you cover?

CGU offers insurance solutions tailored to suit all size farms – from hobby farms through to large commercial operations.  You can buy farm insurance from us directly by calling our Farm Insurance specialists on 13 24 81 to get a quote. 

If your farm is large or complex, you may want to speak to an insurance broker or agent for specialised advice about which CGU products will best suit your farm operations.  

Why do I need Farm Insurance for my hobby or leisure farm?

Even if your farm is a hobby or leisure farm that you don’t earn an income from, you should consider Farm Insurance. Farming can be a dangerous activity, and most home and contents policies don’t cover farming activities.

Farm equipment and livestock create risks that are unlikely to be covered in your normal home and contents cover. For example, consider the liability implications if one of your livestock were to escape and cause a car crash.

Regardless of whether your farm is used to earn income or not, you will probably need Farm Insurance. 

Find out more about CGU Hobby Farm Insurance.

What does farm liability cover me for?

Farm liability or “broadform liability” covers you against liability claims for property damage or personal injury as a result of your farm operations.  

This includes:

  • Legal costs incurred in the defence or settlement of a claim
  • Cover for others that may be acting on behalf of your business when the incident occurred
  • Loss or damage of goods – which are in your care custody or control which you do not own
  • Loss or damage of someone else’s property that occurs while performing your service
  • First aid expenses at the time of an incident
  • Injury to others who sustain injury whilst visiting your premises

For more information about what is and is not covered, please read the PDS.

What sorts of claims are covered by farm liability insurance?

Some examples of claims that might be covered under your public liability policy would be:

  • A visitor to your farm slips and breaks their ankle
  • You accidentally damage a neighbour’s property with your equipment
  • Livestock escape their fencing and cause a car crash
  • Someone becomes ill after eating a farm product you sold 

These are examples only. For more information about what is and is not covered, please read the PDS.

What is personal accident and illness cover?

Personal accident and illness insurance helps you cover your costs if you are unable to work due to injury or illness. Personal accident and illness cover provides a weekly benefit to your loss of income due to an accident or illness. You can also select an option for compensation if certain specified permanent injuries occur (this is referred to as Lump Sum benefits).

Farm work is physically demanding and riskier than some other professions. Personal accident and illness cover ensures you are financially protected if you’re not able to work due to an accident or illness. 

For more information about this cover, please read the PDS.

What is the difference between personal accident and illness cover and income protection cover?

Personal accident and illness can cover you if you are self-employed, and it provides short to medium term cover (maximum 104 weeks) if you are unable to work because of injury or illness.

Income protection can cover anyone (self-employed, home-makers, part time workers, full time employees, etc) and is intended to be a long-term cover. 

For more information about this cover, please read the PDS.

Can I cover business interruption to my farm?

Yes, you can cover your farm for business interruption by taking out ‘Additional working costs’ cover as part of your farm package.  This cover ensures you can maintain normal farm operations following a defined event (eg a bushfire), so you can keep you farm operating while critical equipment is replaced or property restored.

For example, if a bushfire damaged your header machine during a critical time for harvesting, ‘Additional working costs’ would cover the costs to hire a machine to ensure the harvest could be completed in time.

For more information about this cover, please read the PDS.

What’s a No Claim Bonus?

To learn more about the Farm Insurance No Claim Bonus, visit our information page.