Foundations of Farm Insurance

Course Description
This course provides a thorough orientation to the identification and management of risks in the farm and agribusiness industries and the primary insurance products that may be used to address those risks. It covers the types of individuals, businesses, and organizations that may have farm exposures and the types of policies currently used to insure the various losses that could occur. The course examines the coverages offered under standard farm insurance policies for property, liability, and auto loss exposures, as well as the limitations of those policies and how they are underwritten. The course includes the following chapters:

  • Basics of Farming and Farm Insurance
  • Farm Property Exposures and Insurance
  • Liability Exposures and Insurance
  • Farm Vehicle Exposures and Insurance

Learning Objectives
This is an intermediate-level self-study course. Students who successfully complete this course will be able to:

  • identify loss exposures related to farming, ranching, and other agribusiness operations;
  • recognize the various coverages included in a standard farm package policy;
  • recognize farm property loss exposures and how coverage is provided under the property section of a farm policy;
  • identify the various liability loss exposures of a farm operation;
  • identify an appropriate selection of liability insurance policies to guide clients; identify the coverage provided under a farm liability policy;
  • identify the types of vehicles present in farm operations and the various policies that may provide coverage;
  • recognize the coverage provided under a business auto policy (BAP) and how it is underwritten; and 
  • identify the need for an insured to have an umbrella liability policy.



By IRMI
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference services. IRMI publications are considered the ultimate authority by leading insurance practitioners and even federal appellate courts when interpreting insurance coverage. Use the knowledge you gain from IRMI CE courses with confidence, knowing they are written by seasoned insurance professionals who employ diligent quality assurance standards to provide the most up-to-date, practical, and reliable information possible.

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