Best Livestock Insurance Protect your animals from the unexpected By Kiah Treece Environmental Law, J.D., University of Toledo College of Law Interdisciplinary Ecology, M.S., University of Florida Ecosystem Science and Policy, Geological Science, B.A., University of Miami Kiah is a sustainability coach who is dedicated to intentional, sustainable living and the role we can play in improving the environment for future generations. our editorial process Kiah Treece Updated March 26, 2021 Share Twitter Pinterest Email Treehugger Animals Wildlife Pets Animal Rights Endangered Species News Environment Home & Garden Business & Policy Science Wellness Design Culture View More Our editors independently research, test, and recommend the best products; you can learn more about our review process here. We may receive commissions on purchases made from our chosen links. Mint Images - Tim Pannell/Getty Images Our Top Picks Best Overall: American Family Insurance Best for Specialized Coverage: The Hartford Best for Revenue Protection: Farm Bureau Financial Services Best for Whole Farm Coverage: Nationwide Best for Livestock Mortality Coverage: The Equestrian Group While the loss of an animal is always difficult, it can have financial implications for farmers and other business owners who rely on those animals for income. Whether you have a small goat dairy farm, alpaca farm, or a larger operation, livestock insurance can protect you from the economic impacts of losing an animal. The best livestock insurance providers offer a breadth of coverage options, customizable policies, and robust customer support. To help farmers and other livestock owners choose the most appropriate coverage, we reviewed the best livestock insurance companies. Best Overall: American Family Insurance American Family Insurance Get a Quote Why We Chose It: American Family Insurance is our top pick for livestock insurance because it offers a robust selection of flexible coverage options for numerous domestic and exotic animals. What We Like - Insurance covers a wide variety of livestock - Offers both scheduled and unscheduled coverage - Stellar rating by AM Best What We Don’t Like - Policies are only available in about 19 states American Family Insurance is an insurance company with a top rating from AM Best (credit rating agency) and broad coverage across roughly 19 states. As our overall best livestock insurance provider, the company lets policyholders choose from both unscheduled (blanket) coverage for farms and livestock, and scheduled coverage that applies to specific animals. These customizable policies are available for a wide range of exotic and domestic animals, including but not limited to cattle, pigs, chickens, llamas, alpacas, and emus. AmFam’s livestock insurance covers losses due to a wide range of basic perils like accidents, natural disasters, weather events, crimes, and collisions during transit. That said, the company also offers an animal perils endorsement that covers broad events such as drowning and attacks by wild animals or dogs. Best for Specialized Coverage: The Hartford The Hartford Get a Quote Why We Chose It: We chose The Hartford because it offers broad livestock coverage options for everything from poultry and cattle insurance to horse and higher-valued animal insurance. What We Like - Offers extensive coverage options - Makes it easy to find a local livestock agent - Provides 24-hour “always-on-call” claims handling What We Don’t Like - Does not offer an online quoting tool Founded in 1810, The Hartford is a well-established investment and insurance company that sells products—including livestock insurance—through a network of independent agents across the country. Customers can choose from a wide range of livestock insurance solutions, including animal mortality coverage, animal mortality limited coverage, and optional major medical expense coverage. Coverage is also available for losses that occur during livestock auction, packing, and transit—including for international ocean marine transit. Policies also extend to swine and poultry farms, hatcheries, and feedlots, pasture, and dairy cattle operations. Best for Revenue Protection: Farm Bureau Financial Services Farm Bureau Financial Services Get a Quote Why We Chose It: We chose Farm Bureau Financial Services (FBFS) because of its specialized gross margin, livestock risk protection, and dairy revenue protection coverage. What We Like - Policyholders can protect their income with a range of coverage options - Website makes it easy to find an agent - Top AM Best rating What We Don’t Like - Coverage is not as extensive as other providers Farm Bureau Financial Services livestock insurance policies are available in about eight states and are underwritten by Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance Company. Prospective policyholders who need coverage in states outside FBFS’s coverage area can also contact their local Farm Bureau office for local agent information. Farm Bureau Financial Services specializes in livestock gross margin, livestock risk protection, and dairy revenue protection policies that cover losses due to declining prices and increasing feed costs, among other risks. Policies are tailored to the unique needs of each policyholder and a Farm Bureau agent and Ag Underwriter will do an On-Site SuperCheck before creating an appropriate policy. Best for Whole Farm Coverage: Nationwide Nationwide Get a Quote Why We Chose It: Nationwide provides flexible farm coverage that makes it our best choice for farmers who need a policy that covers their farm operations as well as livestock. What We Like - Includes coverage for cows, bulls, swine, goats, lambs, and sheep - Policyholders can choose from flexible coverage options - Offers protection against unfounded animal abuse claims What We Don’t Like - Additional livestock mortality insurance required for certain coverage With a stellar rating by AM Best, Nationwide offers whole farm coverage that includes livestock insurance. Nationwide’s AgriChoice farm insurance policy offers customers individual, blanket, and herd policies, making it easy to craft coverage that meets their unique needs. Livestock-specific policies include broad losses due to accidental shootings, attacks by dogs and wild animals, earthquakes, loading and unloading accidents, and sudden and accidental collisions. In addition to Nationwide’s standard coverage, policyholders get protection against unfounded animal abuse claims and animal cruelty lawsuits at no additional cost. Customers who are not found guilty of such claims are reimbursed for attorney fees up to their endorsement limits. Best for Livestock Mortality Coverage: The Equestrian Group The Equestrian Group Get a Quote Why We Chose It: Part of Allen Financial Insurance Group, The Equestrian Group is our number one pick for livestock mortality coverage because of the agency’s expertise in livestock underwriting. What We Like - Coverage is available for any animals raised for profit - Policies can cover livestock in situ or in transit - Available coverage limits are high What We Don’t Like - Website is somewhat outdated Offered through Allen Financial Insurance Group, The Equestrian Group specializes in livestock mortality coverage for losses that occur on-site and in transit. Coverage limits are available up to roughly $1 million for any one animal and about $10 million for any one farm. The Equestrian Group also offers equine and equestrian insurance with a maximum line of roughly $2 million for high-valued horses. Customers can also choose from endorsements for specific classes of livestock, including policies tailored to cattle, poultry, pigs, aquatics and exotics, alpacas, llamas, and deer. Special coverage is also available for losses related to the storage of semen and embryos used in the breeding of livestock. Final Verdict If you’re in a livestock-based industry and want to protect your income from the risk of loss, livestock insurance can provide the peace of mind you need. In addition to coverage for losses sustained as a result of events like flooding, theft, and fire, coverage is also available for more broad perils, such as attacks by dogs or wild animals, drowning, or accidental shooting. Our overall best livestock insurance provider—American Family Insurance—stands out because of the company’s wide range of coverage, high AM Best rating, and excellent customer reviews. Not only can policyholders get protection against standard losses caused by accidents, natural disasters, and weather, but they can extend coverage with an animal perils endorsement and farm and ranch umbrella liability coverage. What Is Livestock Insurance? Livestock insurance protects owners from the economic risks of losing an animal. By purchasing livestock insurance—as a standalone policy or as an endorsement on a standard farm policy—a farmer or rancher can protect their investment in animals raised for profit. What Does Livestock Insurance Cover? Livestock insurance extends beyond just cattle to sheep, goats, swine, poultry, alpacas, llamas, horses, mules, donkeys, and other domestic and exotic animals. Policies typically cover losses that occur on the farm and in-transit, and may include livestock collision insurance for when livestock is hit by a vehicle on a public road. Animals can be covered as a herd or on a per-head basis, especially more valuable animals that need additional coverage. Policyholders may also have the option of adjusting their coverage based on the season and the corresponding value of their herd. How Much Does Livestock Insurance Cost? The cost of livestock insurance depends on a number of factors, including the type and size of the operation being insured, the number of animals covered, and where the livestock are located. How We Chose the Best Livestock Insurance When evaluating the best livestock insurance, we compared 15 providers based on the breadth of coverage options, types of animals covered, and the flexibility of plans. As part of that review, we considered whether providers offer both unscheduled and scheduled livestock coverage, and whether an animal perils endorsement is available. We also reviewed factors like financial stability, customer service options, and the availability of online and in-person resources—like 24/7 claim support. Finally, we looked at each provider’s customer reviews, AM Best ratings, and the availability of online tools and resources.