In New Zealand, insurance for farm, lifestyle, agriculture, and horticulture is a crucial component of risk management, providing protection to individuals and businesses against the unique challenges posed by the country’s diverse landscapes and agricultural practices. Here’s a brief introductory overview of insurance in these specific sectors within the New Zealand context:
1. Farm Insurance: New Zealand’s farm insurance caters to the specific needs of agricultural operations, offering coverage for farm dwellings, machinery, livestock, produce, crops and other aspects of Farming. Given the country’s susceptibility to seismic activity, adverse weather events, and biosecurity risks, farm insurance aims to mitigate many types of financial losses. Additionally, it often includes liability coverage to protect against accidents and injuries on the farm.
2. Lifestyle Insurance: Lifestyle insurance in New Zealand addresses the insurance needs of individuals living in rural or semi-rural settings. It typically covers homes, personal property, and may offer liability protection specific to the risks associated with the Kiwi lifestyle. This may include coverage for lifestyle blocks, rural residences, and recreational assets.
3. Agriculture Insurance: Agriculture insurance in New Zealand focuses on the diverse agricultural sector, providing coverage for crop insurance, livestock insurance, and protection against specific perils such as floods, and threats. With the country’s reliance on agriculture and exports, these policies play a vital role in sustaining the economic viability of farming operations.
4. Horticulture Insurance: Horticulture insurance caters to the needs of fruit, vegetable, and ornamental plant growers, offering protection against weather-related events, and perils. Given New Zealand’s reputation for high-quality horticultural products, insurance is instrumental in maintaining the resilience of this sector and supporting horticulturists in the face of unpredictable challenges.
The unique geography and climate of New Zealand make insurance essential for the sustainability of its rural communities. Insurance providers in the country tailor their products to address the specific risks faced by farmers, lifestylers, and those involved in agriculture and horticulture, contributing to the overall resilience and stability of the nation’s vital primary industries.
- Rural – Farming / Lifestyle / Argiculture / Horticulture Insurance
- Buildings – Sheds, Woolsheds, Dairy Sheds, Implements Sheds, Packing Houses, and stalls.
- Netting and greenhoues.
- Animals Shelters and Wintering Barns.
- Minor Farm Buildings
- Interruption Cover, Loss of Gross Profit, Payroll, Claim Prep, and Additional Costs of Working.
- Contents/ Machinery, Conveyors, Plant and Tools.
- Irrigators, Pumps, Wells, Culvets
- Machinery Breakdown
- Pumps and Motors – Surface and submersible.
- Switchboards and other Electrical Equipment
- Control Equipment and Starters
- Refrigeration Plant
- Other Machinery
- Forestry Lots
- Bulk Fertilisers in the Open
- Live Hedges and Shelterbelts
- Live Plants in a fully enclosed building
- Livestock Death
- Farm Dogs
- Specified and Unspecifed Animals.
- Liquidation and Receivership Protection
- Frozen Semen, Dog Food
- Fences, Sheep and Catlle Yards
- Utilities
- Failure of Dairy Company to Collect
- Bridges
- Milk Cover, Produce, Feed. Refrigerated Goods and deterioration of Refrigerated Goods.
- Money
- Livestock Worry
- Liability Insurance
- Governance Liability
- Cyber Cover
- Houses, Contents, and accommodation.
- Transit, export and local. Container and other.
- Tree and Vine covers
- Crop Insurance
- Light or Heavy Vehicles, and Mobile Plant
- Cars, Vans, Trailers, Motorbikes, Implements, Agricultural Machines, Trucks, diggers, tractors, picking platforms and cherry pickers.
- Contractors Mobile Plant, Trucks and Trailers.