{"id":13665,"date":"2023-09-28T09:00:31","date_gmt":"2023-09-28T07:00:31","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=29176"},"modified":"2025-07-21T11:31:56","modified_gmt":"2025-07-21T09:31:56","slug":"types-of-agricultural-insurance","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/blog\/tipos-de-seguros-agrarios\/","title":{"rendered":"What are the existing types of agricultural insurance?"},"content":{"rendered":"

The agricultural insurance<\/strong> o \u201cagri-insurance\u201d.\u201d<\/strong> are a risk management tool for farmers and stockbreeders in the face of adverse climatic and other catastrophic natural events.<\/p>\n

On this occasion we look at the different types of agricultural insurance<\/strong> for cover ranging from frost, floods and drought to disease and the removal of animal carcasses following an accident.<\/p>\n

But, what is farm insurance in Spain and what does it mean?<\/strong><\/p>\n

The current agricultural insurance system is based on the joint intervention of public and private institutions, with the participation of 22 insurance companies.<\/p>\n

The Spanish Agricultural Insurance System<\/strong>, with state subsidies to the producer for the payment of premiums, is considered one of the best in the world.<\/p><\/blockquote>\n

From PIB Group Iberia<\/a> We always insist on the importance of having a agricultural insurance.<\/a> The reasons are the same as those for which this system has long been established: inclement weather and disasters can cause terrible losses that are very difficult to bear<\/strong>.<\/p>\n

The Spanish Agrarian Insurance System was forged in 1978 with the Law 87\/1978 on Combined Agricultural Insurance<\/strong>. And after more than 30 years of existence, this system is consolidated. It has different types of insurance differentiated by sector: agriculture, livestock, aquaculture and forestry.<\/p>\n

1. Agricultural insurance<\/h2>\n

These farm insurances range from olive farms, to open-air vegetables, to all types of fruit and vegetables grown in the country. There are mainly two types of insurance:<\/p>\n

1.1 Combined Insurance<\/h3>\n

Combined insurance is also known as multi-risk insurance<\/strong>. They offer specific guarantees against specific risks that may affect the insured production.<\/p>\n

Compensation is determined at plot level and premiums are fixed for each risk and crop area by species or variety:<\/p>\n

    \n
  • citrus fruits,<\/li>\n
  • wine grapes,<\/li>\n
  • vegetables under cover...<\/li>\n<\/ul>\n

    In other words, they insure the damage that may occur on an agricultural holding depending on its location and according to species or variety<\/strong>.<\/p>\n

    1.2 Income Insurance<\/h3>\n

    Yield insurance covers the costs of the climatic adversities<\/strong> (floods, hail, etc.) and others natural hazards<\/strong> that may affect a crop.<\/p>\n

    The aim is to guarantee the farmer a percentage of insurable yields<\/strong> in its operation. These yields are fixed by the Ministry.<\/p>\n

    To set premiums, insurers rely on the location, species and historical performance data of the insured.<\/p>\n

    2. Livestock Insurance<\/h2>\n

    Livestock farms have specific insurance and services for the sector. Coverage is provided for all types of cattle, sheep, goats, horses, poultry for meat and laying hens, pigs and bee-keeping<\/strong>. Three types of insurance stand out:<\/p>\n

    2.1 Accident and sickness insurance<\/h3>\n

    These insurances aim to alleviate this type of mishap with compensation generally per animal.<\/p>\n

    They face basic accident cover<\/strong> such as injuries, drowning or falling of animals. However, depending on the class of livestock, animals may be insured for other risks such as illnesses and problems related to childbirth<\/strong>.<\/p>\n

    2.2 Drought insurance<\/h3>\n

    What are livestock drought insurances used for? These insurances are generally used for the grazing livestock<\/strong>, The costs of feeding are increased due to the lack of vegetation.<\/p>\n

    They are also common in the beekeeping<\/strong>.<\/p>\n

    2.3 Removal of dead animals from the holding<\/h3>\n

    The removal of a dead animal can be very costly and uncertain for the farmer.<\/p>\n

    With this type of insurance, it becomes a fixed cost that allows all costs of removal and destruction of dead animals on a farm to be covered. This withdrawal<\/strong> covers both the death from natural causes<\/strong> as for accident<\/strong>.<\/p>\n

    3. Aquaculture Insurance<\/h2>\n

    It covers various types of damage that can be suffered by the aquaculture species<\/strong> and ranging from weather events to lower salinity due to rainfall, temperature variation or even disease.<\/p>\n

    4. Insurance for Forest Risks<\/h2>\n

    Forestry operations involve risks such as fires, flooding due to torrential rain, hurricane-force winds or even snow.<\/strong>. This insurance covers part of this damage.<\/p>\n

    Fundamentally, we are not just talking about the loss of timber resulting from the fire, but also the costs incurred to regenerate and restock.<\/p>\n

    Many of these insurances have associated subsidies that can reduce the real cost of the policies. Do not hesitate and contact us. From PIB Group Iberia<\/strong> we will help you minimise your losses.<\/p>","protected":false},"excerpt":{"rendered":"

    We see the diversity of policies that protect agriculture and livestock farming.<\/p>","protected":false},"author":14,"featured_media":13666,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":4.8,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[15],"tags":[181],"class_list":["post-13665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-empresas","tag-agroseguros"],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/comments?post=13665"}],"version-history":[{"count":0,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/13666"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=13665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=13665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=13665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}