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It’s Your Livelihood. Make Sure It’s Protected.

Product Overview

Whether you’re a local grower or a large cultivator, we understand the value of insuring your greatest asset. At Prince Insurance Group, we’re dedicated to providing the agricultural coverage and services you need to keep your farm or ranch protected – so you can focus on maintaining a smooth operation.

We know that you work hard as a farmer, and at Prince Insurance Group we want to extend that same courtesy to you by keeping your farm and everything on it insured. Our insurance specialists are sensitive to your individual needs and will work with you to find a policy that best suits your farm or ranch.

Designing a specific policy with us gives you the options of coverage in the following areas:

Resources

Download Farm Insurance resources.

Why Farm Insurance?

Your farm is your livelihood, and you can never be too cautious. Since an accident can happen when you least expect it, it’s important to be prepared when potential problems arise. By being proactive with a proper farm policy, your equipment, buildings, and even lost income can be covered in the event that an unforeseen circumstance disrupts your operations.

You’ve worked hard to build your farm into a business. Prince Insurance Group will work even harder to ensure that your business is protected.

We provide insurance solutions for farmers near Wheat Ridge, Denver, Lakewood, Thornton, Arvada, and Broomfield.

Benefits

Prince Insurance Group helps find the right insurance for you and your needs.

Affordable

Our team works with you to find the most affordable options for your situation.

Flexible Options

Our products are flexible and we work to find insurance specific to your needs

Unbeatable Service

We are just a phone call away throughout our entire relationship.

Common questions about Farm Insurance

Get quick answers to some of the most asked questions about farm insurance. If you have additional questions, please contact us.  

Will taxes need to be paid by my family?

If the farm is left to the children it can be tax-free. However; any other assets owned by the farm corporation outside of the farm would be taxable.

When taking out a loan, will I require insurance?

When you need to take out insurance for the sake of covering large loans, should you go with a bank or life insurance company? 

Due to the portable coverage and the exclusions often found in bank policies, going with a life insurance company for insurance on a loan is recommended. 

Will the Farm Cover My Insurance?

A farm corporation can be listed as a beneficiary to a life insurance policy. However, insurance for premiums aren’t tax-deductible for the corporation (though exceptions are made for this very reason). 

Some allowances are made for this rule, but for the most part, premiums aren’t tax-deductible for corporations. For specific details pertaining to your situation, speak with an accountant.

With that said, an advantage still remains. While you aren’t able to expense premiums, you are able to use the corporation’s own money to cover their costs (as opposed to using your own tax-paid money).

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