Insurance Multi-risk Agricultural: An Essential Protection for Your Farm – BTS Insurance Course

Multirisk agricultural insurance caters to a broad range of farmers. Whether you are a cereal grower, winemaker, livestock breeder, market gardener, or horticulturist, this insurance provides protection tailored to your specific needs. It is also ideal for beekeepers, aquaculture operators, and equestrian center operators. Each type of agricultural activity benefits from personalized guarantees to cover the particular risks they face. Additionally, young farmers can enjoy preferential rates to help secure their farm from the outset.

Essential Guarantees of Multi-Risk Agricultural Insurance

Protection of Your Assets

Multirisk agricultural insurance covers damages caused to the entire farm, meaning the buildings specified in the insurance contract, including those used for residential purposes, as well as their contents (furniture, agricultural equipment, etc.), merchandise, animals, and crops. Some of these assets are also covered if they are outside the buildings or the property, during movements for farm needs or in case of agricultural mutual assistance.

Events Covered by the Multi-Risk Agricultural Insurance Contract

Fire, Explosion, Lightning Strike

You must prove that your buildings or your equipment are insured to benefit from the disaster regime.

Storm, Hail, Snow Load on Roofs

Check the insurance conditions for sheds, silos, and tanks.

Water Damage

Material damages caused by water to insured assets caused by leaks, floods, and overflows are covered.

Theft

This guarantee is subject to conditions of application: prevention measures (locks…) and circumstances of theft (burglary…). The theft of animals on the farm lands and that of contents from greenhouses are not always covered.

Broken Glass

This concerns glass products (window and door glass, mirrors…) of residential buildings.

Natural Disasters, Attacks, and Acts of Terrorism

Insured assets are automatically covered against natural disasters (floods, earthquakes, avalanches…) except for damages caused to unt stored crops, cultures, soils, and livestock outside buildings, for which compensation falls under the disaster regime.

Optional Guarantees of the Multi-Risk Agricultural Insurance Contract

Certain guarantees may be provided to cover fees and losses such as:

• The loss of enjoyment of farms and housing rendered unusable following a disaster.
• The loss of rents: the amount of rent you may be deprived of as a non-operating owner during the remediation period.
• The demolition and debris removal costs to restore the premises to original condition.
• Indirect losses to reimburse certain expenses (with supporting documents).
• Reinstatement value compensation for buildings.
• The reimbursement of fees for the expert you have chosen.
• The cost of reconstruction of non-IT information supports, duplication fees for IT data, including study and analysis files.

Liability and Legal Protection

General Professional and Private Liability

The insurer will compensate victims of accidents caused by:

• You, your spouse, and your children, whether or not they participate in the farm, as well as non-salaried family helpers (volunteer helpers).
• Your employees, whether salaried or not, including trainee farmers. However, their private liability is not covered.
• Your children or employees when they inadvertently use a vehicle that does not belong to you.
• The real estate of the farm and residence (farm buildings, walls, fences, trees, etc.).
• Farm furniture and equipment (tools, machines, etc.).
• The livestock and domestic animals (even outside the farm: on the road, at fairs, etc.).
• Anything in your care, including crops that, if set on fire, could lead to your liability.

Waiver of Recourse Clause

After paying compensation to the victim of a disaster, the insurer of the victim may recover the amount paid from the responsible party for the damages. To prevent this, insurers sometimes agree to include a waiver of recourse clause against the owner, farmer, tenant, or sharecropper in the agricultural multi-risk insurance contract.

Limitations and Exclusions of Multi-Risk Agricultural Insurance

Guarantee Limitations

• Some guarantees are limited, others capped (at a certain amount or multiple of the contract index).
• The coverages provided by the multi-risk insurance contract are indexed.
• Be aware of deductibles that may remain your responsibility.

Exclusions of Multi-Risk Agricultural Insurance

Multirisk agricultural insurance does not cover certain risks for which it is necessary to take out specific contracts, such as:

• Social protection, which falls under special schemes.
• Damages to crops caused by hail, storm, or other weather-related events.
• Construction issues related to new or rehabilitated buildings (mandatory damage insurance).
• Liability arising from ground vehicles (separate automotive policy).
• Mortality of livestock due to disease or accident.
• Additional activities of significant importance or industrial nature (possible extension in some contracts).
• Classified facilities for environmental protection (ICPE).
• Consequences of irresponsible employer behavior.

Conclusion

Multirisk agricultural insurance is an invaluable tool to secure your farm and ensure the sustainability of your activities. By choosing guarantees that match your needs, you can work with peace of mind and protect your agricultural heritage against various hazards.

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