If you have a small to medium-sized spread, a farm policy protects your structures and animals. Similar to homeowner's insurance, this policy covers livestock individually or as a herd. Your livestock is covered if they are on your insured premises, but not while they are in transit or away from your spread. This policy also protects other personal property, like farming equipment, hay, feed, structures and your home. Animals like chickens or other birds aren’t considered – they’re "poultry" that must be covered separately.

Life happens fast. It's important your cattle are covered in a serious emergency like a fire, smoke exposure or an explosion. Peril insurance should cover your livestock due to theft, flooding or earthquake. If your livestock is hit by a vehicle or if they die from a collision of the vehicle that transports them, this is also covered. Depending on circumstance, you may consider adding a "broad peril" coverage to your policy. This additional clause insures against extreme perils like a boulder falling on the animals, an attack from predators or even accidental shooting.

Limited animal mortality coverage can reimburse you for cattle that die from injury. If you need broader coverage, full animal mortality reimburses you for animals that die from disease or age. Sadly, Cattles die for many reasons, but this form of insurance can help you recoup your losses. If the Cattle dies from a pre-existing condition or if the death is owner-caused, you likely aren’t covered. Make sure your animals are healthy because you'll need to prove this before you renew your animal mortality coverage.