Farm Buildings

Farm Buildings

Cover for your farm buildings including implement or tool sheds, pump sheds and fixed machinery.
Then there are things like culverts and underpasses, farm fencing and underground pipes, which aren’t part of a farm building but can still be covered under this policy so remember to talk to us about what to include. 

What we cover

The FMG Farm Buildings policy automatically includes these covers and benefits:

Covers your farm buildings if they are damaged or destroyed by a sudden, unintended, and unforeseen event. 

There’s also the option of limiting your accidental loss cover to defined events listed in the policy wording. Check the policy for the full list. There is no difference for the cover of additional benefits between accidental and defined events.

Cover for additional farm buildings you buy or build, alterations or improvements to existing farm buildings once completed. You need to let us know within 30 days of purchase or completion and pay any extra premium, cover is for present day value up to $50,000. 

We’ll pay your estate $5,000 in the unfortunate event of your death as a result of a fire at, or an intruder to, your farm building. If you suffer one of the permanent injuries listed in the policy then we’ll pay up to $5,000, depending on the type of injury.

We'll pay up to $5,000 for gradual damage to your farm buildings.

Once a year at renewal time we may adjust the amount of your insurance to make sure you have enough cover with inflation levels taken into account.

If the keys to your farm building are lost or stolen we’ll pay to replace them and you won’t need to pay an excess. This also covers devices you use to enter your property like electronic access cards and remote door openers.

Cover up to $5,000 towards the cost of refilling your fire fighting equipment after it’s been used to protect your farm building from an event covered by this policy.    

If you offer a reward to protect or recover your property following a loss covered by this policy, we’ll pay up to $5,000.

If your farm contents are under threat from fire we’ll pay up to $5,000 to cover reasonable action you’ve taken to protect your property. 

We’ll cover up to $5,000 for theft by guests paying to stay at your farm.  

Optional extra

This is one of the Optional Benefits you can purchase for even more comprehensive cover.

Cover for damage to your farm buildings and structures caused by an earthquake, volcanic eruption, tsunami, hydrothermal activity or landslip.

What we pay

You can choose from four levels of cover – Present Day Value, Replacement Value, Nominated Replacement or Smaller Area Replacement.

Covers the reasonable cost to repair or rebuild your farm building to the same condition it was in before the loss, up to the sum insured. This option takes into account the age and condition of the building. 

Covers the reasonable cost to repair or rebuild your farm building to an as new condition. 

Covers the reasonable cost to repair or rebuild your farm building to an as new condition, limited to the amount shown on your certificate (the sum insured). 

We will also pay up to $5000 for the reasonable cost of necessary earthworks to land adjoining your farm bridge, underpass is specified culvert when we are paying to repair the item.

Download policy

Please note this is only a summary of the product and is subject to our specific product documentation. For full details please download the policy wordings using the links below, or you can get a free copy by calling us on 0800 366 466.