Your farm is your livelihood, your past and your future. It is more than just a business, and if you work with Lincoln Savings Bank, we will make sure it is covered with the most comprehensive farm insurance possible.
From small hobby farms to large grain and livestock operations, we offer policies designed to provide the types of coverages you need to protect your home and personal property as well as your farm buildings, equipment, and livestock.
LSB Insurance insures farms across central Iowa with flexible products and agri-business insurance coverage designed to meet the needs of farm operations of all kinds.
What Should Be Covered by Ag Insurance?
- Dwellings and Household Property
- Farm Buildings
- Scheduled and Blanket Farm Property
- Equipment Breakdown
- Comprehensive machinery coverage
- Farm Liability and Workers Compensation
- Environmental Coverages
Types of Farm Insurance Offered
Federal Crop Insurance: Multi Peril Crop Insurance (MPCI) is a government subsidized risk management tool available for agricultural producers, farmers, ranchers and others to protect against:
- The loss of their crop yields due to natural disasters, such as hail, drought or excess moisture
- The loss of revenue due to price declines for agricultural commodities.
Crop Hail Insurance: Crop Hail Insurance is available to agricultural producers, farmers, ranchers and others from private insurers because hail is a narrow peril that occurs in limited places.
Crop Hail Insurance protects against:
Livestock Insurance: Livestock Gross Margin (LGM) and Livestock Risk Protection (LRP) are available to protect against the loss of gross margin or loss of revenues from a price decline over a certain amount of time. These policies do not protect against mortality, disease, or any other cause of loss. Livestock Mortality insurance coverage is also available as a separate product.
Umbrella Insurance Policies – Excess liability: Agri-businesses are vulnerable to unexpected events like natural disasters or lawsuits that often result in losses that exceed the limits of liability coverage. Umbrella insurance policies provide additional liability insurance to "cover the gap", potentially saving your farm in the event of a catastrophic event.
Employee Benefits and Group Insurance:
Whether your agri-businesses is a small family operation or large commercial enterprise, a benefits program is important to protect those who help with the daily operations. Cover your family and employees with major medical insurance, vision and dental insurance
, disability insurance
and workers’ compensation.
If you need to make sure that your farm, family and employees are covered, contact
one of our helpful insurance agents today.