Ranch Insurance?

[smitgonhunting]

Is there such a thing as Ranch insurance to cover the value of a ranch? Primarily from fire? If so, does anyone have any recomendations on an insurer? Will is in the Menard/Mason county area.

Thanks fellas!

[PROD49]

Yup, I just added it to my state farm home and car insurance. Covers structure and liability to I believe $1M.

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[6.5 shooter]

Yes, I carry Texas farmers insurance.

[Throwin Darts]

Is there such a thing as Ranch insurance to cover the value of a ranch? Primarily from fire? If so, does anyone have any recomendations on an insurer? Will is in the Menard/Mason county area.

Thanks fellas!

You want a policy on the land in case of fire? Or on improvements in case of fire?

[RiverRat1]

Are you talking about fire burning a cabin, outhouse, deer blinds? Or fire burning the ranch itself like trees?

[flywise]

Don’t think covering trees or other native vegetation is possible ( could be wrong ) but can cover fences and structures

[Throwin Darts]

Don’t think covering trees or other native vegetation is possible ( could be wrong ) but can cover fences and structures

If it is, I'm buying a place with highway frontage and just waiting for a cig to get throw out and then getting a ranch for the cost of my policy.

To the OP, you can insure vertical improvements but I doubt there is a policy that would cover the land. If there is, it would be news to me and I'm wrong all the time. Don't tell my wife.

[flywise]

If it is, I'm buying a place with highway frontage and just waiting for a cig to get throw out and then getting a ranch for the cost of my policy.

To the OP, you can insure vertical improvements but I doubt there is a policy that would cover the land. If there is, it would be news to me and I'm wrong all the time. Don't tell my wife.

For the right price I could throw out a cig to speed up the process

[smitgonhunting]

I was curious if there was such a policy to cover the land itself and not any structures. I know it's hard to put a value on trees and such. One would think an East Texas Timberland would be insurable for the value of ones pine trees. I was just curious if there was such a thing as insuring the land against fire? But like I said it may be hard to quantify and put a value on such a thing in the Texas Hill country.

[Atfulldraw]

Lots of HO policies cover trees, shrubs and landscaping.

What you’ve probably heard is that tree damage is not covered, but that’s usually only for the peril of wind.

Other perils are covered....fire, lightning, damage from non-owned autos, etc

The coverage limit can likely be extended, look at your DEC page.

Also, there may be a per tree limit of 250 or 500 bucks.


If you have $1 million or so in your property, you may be able to get much better coverage under one of the premium carriers - Pure, Chubb, or one of the private clients.

[Atfulldraw]

I was curious if there was such a policy to cover the land itself and not any structures. I know it's hard to put a value on trees and such. One would think an East Texas Timberland would be insurable for the value of ones pine trees. I was just curious if there was such a thing as insuring the land against fire? But like I said it may be hard to quantify and put a value on such a thing in the Texas Hill country.

The timber is simply covered under a crop insurance policy, much like a farmer would cover his corn crop.

It’s actually called a standing timber policy.