Farm & Agribusiness

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Loss of Income

They called it the storm of a lifetime, and it certainly was for me. The winds and hail devastated our family farm. We were able to restore our farm, but I hadn't realized that our property insurance didn't offer any coverage for the loss of income that occurred when other vendors took over our existing contracts that we were unable to fulfill while we restored the farm. We have our farm again, but it's going to take some time to rebuild our sales, and that loss of income is really going to hurt.

Loss of income insurance covers the loss of income right after the loss occurs. Also, this coverage helps if it takes longer than expected to resume normal business operations.

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