Marshall Young & Associates offers competitively priced programs for farms, ranches, wineries and large commercial growers of agricultural products.   We represent several insurance carriers and will customize a plan based on your needs and risk.  We want to make sure you have the most comprehensive protection available, and at the best price whether your a small weekend farmer or a large scale operator.

Products & Services

• Farm & ranch owners policy
• Equipment breakdown
• Dwellings - including high valued dwellings
• Additional coverage enhancements

Livestock Department Lines of Business

The Marshall Young Insurance Livestock Department offers mono-line “limited mortality” coverage for nearly all types of livestock and poultry.  Our business focus is providing insurance for the animals in agricultural livestock production operations, as well as providing coverage for those involved in the transporting and marketing of livestock.  In addition, we offer “full mortality” coverage for horses and many other animal species.  Following are the lines of business that the Livestock Department writes along with a brief description of each type of coverage. 

Mortality Coverage
For Horses, Cattle, Bison, Elk, Alpacas/Llamas, Dogs, Pigs, Sheep, Goats

Provides “Full Mortality” insurance coverage for individual animals in case of death from any accidental or natural cause.  Coverage options are available for Emergency Colic Surgery, Major Medical, and Surgical Expense.  Agreed values are established at policy inception based on information provided by the insured, pending approval from the underwriter.  “Limited Mortality” coverage can also be purchased to insure individual animals against named perils only.  “Single Trip Transit” policies are also available to provide coverage during shipment, though the owner of the animal, not the transporter, must purchase the policy.  The minimum annual premium for any mortality policy is $250.   Veterinary examinations or statements of health, available on the website, must accompany applications for most animals.* 

Cattle
For Dairy Cattle, Feedlot Cattle, Pasture Cattle, Veal Calves, Buffalo, Bison

Provides “death only” limited named perils coverage for the following perils: fire, lightning, windstorm, hail, explosion, accidental shooting, drowning, electrocution, wild animal attack, building collapse, vandalism, theft, etc. for cattle at listed locations.  Additional Coverage Options are available for Contaminated Feed (except for pasture animals), Livestock Born at Listed Locations, and higher valued livestock.  Standard policy limits are available up to $5,000,000 per occurrence, $1200 per head for beef cattle, and $2500 per head for dairy cattle.  Higher limits can be purchased up to a maximum of $10,000,000 per occurrence and $5000 for any one animal.  Reinsurance quotes may be available for policy limits above $10,000,000 per occurrence.  Losses are settled based on the actual “current market value” at the time of loss.  The minimum deductible is $500 per occurrence and the minimum annual premium is $250 (fully earned).*

Cattle
For Pre-Wean Pigs, Nursery Pigs, Grower-Finisher Hogs, Replacement Gilts, Sows, and Boars

Provides “death only” limited named perils coverage for the following perils: fire lightning, windstorm, hail, explosion, smoke, vandalism, building collapse, drowning, smothering by blizzard/snowstorm, flood, electrocution, gas leakage, leakage of anhydrous ammonia, theft, etc.  Coverage is extended for the “deliberate destruction” of swine made necessary by a loss and provides $100,000 for additionally acquired swine.  Additional Coverage Options are available for Power Interruption and Mechanical Breakdown (suffocation), Business Interruption, Contaminated Feed, Reproductive Impairment, and Contract Penalties.  The insured has the choice of using “current market value” loss determination or establishing per head Agreed Values.  Policy limits are available up to $10,000,000 per occurrence. Reinsurance quotes may be available for higher limits.  The minimum deductible is $1000 per occurrence and the minimum annual premium is $1000 (fully earned).* 

Livestock Cargo
For Cattle, Hogs, Sheep, Goats and Poultry

Provides limited named perils coverage for the following perils: fire, lightning, explosion, collision of the carrying vehicle, overturn or upset of the carrying vehicle, collapse of bridge or roadway, windstorm, flood, theft of the entire shipment, etc.  Coverage is extended to pay for earned freight to the point of the accident, reasonable roundup expenses and removal of dead livestock.  Livestock are insured for “death, crippling, and straying” as a result of a covered peril.  There is not a per occurrence limit listed on the policy, as coverage is provided for the “current market value” up to full invoice value of the load.  The standard per head limits are $1200 any one animal and $750 for horses (“death only” at the scene) and losses are settled based on the “current market value” for slaughter, feeder, or stocker (breeding replacement) purposes.  Increased per head limits can be purchased.  The policy also has a $2500 Carcass Removal limit per occurrence for the removal of dead livestock.  There is “no deductible” on this policy and the minimum annual premium is $250 (fully earned).*

Non-Livestock Agricultural Commodities Cargo
For grain, hay, livestock feed, seed and potatoes, etc.

Provides limited named perils coverage for the following perils: fire, lightning, explosion, collision of the carrying vehicle, overturn or upset of the carrying vehicle, collapse of bridge or roadway, windstorm, flood, theft of the entire shipment, etc.  Coverage is extended to pay up to $1000 for earned freight to the point of the accident and debris removal of the insured commodity, excluding pollutant cleanup costs.  All commodities are insured for the current market value up to the policy limit.  Coverage is only offered on agricultural non-hazardous commodities.  Limits are available up to $100,000 per occurrence.  There is a standard $1000 deductible per occurrence and the minimum annual premium is $250 (fully earned).* 

Livestock Marketing Firms
For Packers, Auctions, Buying Stations, Stockyards and Order Buyers

Provides broad form transit coverage for accidental death and crippling of livestock while in transit to and/or while on the insured premises.  This coverage is not available to individual producers/farmers; it can only be written for one of the above types of operations.  The cost of coverage is typically passed on to the individual producers/farmers since they are receiving coverage when selling livestock to one of the above types of operations.  Additional liability coverage is available for the sale or purchase of mortgaged or stolen livestock.  Losses are settled based on the current market value at the time of loss.  The standard policy has a zero deductible.  Premises-Limited coverage is also available for named perils only, with a minimum deductible of $1000 and maximum limit of $10,000,000 per occurrence.  Coverage can also be provided for livestock while at special events, special sales, shows/fairs, etc.*

Poultry
Breeder Hens, Hatching Eggs, Pullets, Commercial Egg Laying Hens, Broilers, Turkeys

Provides coverage for death due to any cause of loss not excluded such as the following perils: fire, lightning, windstorm, hail, explosion, accidental shooting, drowning, electrocution, wild animal attack, building collapse, vandalism, theft, etc.  Coverage is extended to provide coverage for Debris Removal, Pollutant Clean Up, Covered Poultry on Your Vehicles, and Fire Dept. Service Charge.  Additional options are available for Egg Spoilage or Damage, Power Interruption, Range Poultry, Semi-Confined Poultry, Power Interruption and Mechanical Breakdown, Pre-Placement Expense Coverage, Loss of Egg Income and Loss of Income from Meat Birds.  Losses are settled based on the current market value or by agreed value by adding either the Turkey Valuation or Chicken Valuation Endorsement.  There are various deductible options including per bird or flat deductible ($1,000 minimum).  The maximum limit per occurrence is $5,000,000.* 

*These are summaries only and outline coverage to be included in a policy that may be issued in the future. The coverage, limits, exclusions, terms and conditions of any policy issued will take precedence over this summary. Please read the policy issued for a full explanation of coverage, terms and exclusions.