Business & Liability Insurance
for Livestock & Property Agents
Every Livestock & Property Agent business works a little differently. RMA Insurance Brokers brings business and liability cover together in one review, with advice tailored to the way your agency works and the risks that come with it.
Overview
Cover for the way your business operates
Business insurance is generally arranged around the premises, contents, equipment and income the business relies on. Liability insurance addresses certain third-party injury or property damage exposures arising from the activities of the business or products it supplies.
For Livestock & Property Agents, reviewing these areas together provides a clearer picture of where cover is needed and how the different sections fit together.
Cover
What can it cover?
Common areas of cover to consider include:
Premises, contents & business property
Cover may include office fit-out, furniture, computers, signage, stock and other insured property used in the business.
Additional branches, storage areas or other locations should be checked rather than assumed to be covered.
Business interruption
If insured property damage interrupts trading, business interruption cover may help with lost income and ongoing costs while the business recovers.
The financial basis and recovery period selected should reflect how long the business could realistically take to return to normal operations.
Technology & portable equipment
Computers, laptops and other equipment are central to the day-to-day operation of many Livestock & Property Agent businesses.
Equipment regularly used away from the office, including at saleyards, inspections or client locations, may need specific portable property cover depending on the policy.
Theft, money & glass
Depending on the policy, cover may be available for theft, money and insured glass at the business premises.
If the business handles client, trust or other money belonging to others, those arrangements should be reviewed specifically rather than assumed to be covered in the same way as the business's own money.
Public & products liability
Public liability may respond where the business becomes legally liable for certain third-party injury or property damage arising from activities at the office, saleyards, inspections or client locations.
Products liability may also be relevant where the business sells or supplies rural merchandise, fodder, animal health products or other goods.
Review your cover
When your business changes, review your cover
As your business evolves, changes to premises, equipment, staffing or services can affect your insurance needs. These are three common times to check that your cover still reflects the business today.
Premises & equipment
A move, renovation, new branch, additional storage or significant investment in equipment or technology.
Business operations
A material change in turnover, staffing, saleyard arrangements or where the team works.
Services & activities
New services, products or rural merchandise, or a change in what the business does for clients.
Broker support
Why RMA Insurance Brokers?
RMA Insurance Brokers works closely with Livestock & Property Agents and understands the mix of business risks that come with this type of operation. We review the insurance as one connected program rather than looking at each section in isolation.
We explain the cover available, arrange the insurance and help keep it updated as the business changes. If a claim occurs, we assist with notification, supporting information and communication with the insurer.
Review your business & liability insurance
Want to check whether your current cover still suits the business? RMA Insurance Brokers reviews what is in place and helps you work through any changes needed.
The information on this page is general and does not take into account your objectives, financial situation or needs. Consider whether the information is appropriate for you. Cover is subject to the terms, conditions, limits and exclusions of the relevant policy. Insurance products and available cover vary between insurers. Review the relevant policy documentation before making a decision.