Machinery and equipment breakdown is an inevitable fact of life, business and farming. While the first steps to addressing the above risks include informing yourself and implementing plans and procedures to deal with them, there is no getting around the fact that to run a successful farming business in BC, you need farm insurance tailored to your BC farming operations. Farm Insurance BC – Farm Machinery Coverages Know the federal, provincial and municipal policies and regulations that affect commercial farming in your jurisdiction and have a plan to deal with changes to themīelow are some of the coverages available as part of a farm insurance plan in BC.Know the national and international policies that can negatively affect the market for your products.Have a plan to deal with management and/or skilled labour losses.

What is the worst-case scenario for production loss?” Human Resources Risks Will the current levels within your production insurance coverage meet your cash flow requirements?.“How secure are your financial arrangements with lending agencies?.Make sure you’re getting current and accurate market information.Having a marketing plan and knowing how marketing tools can help in volatile market conditions.Information and services to manage diseases and pests.Diseases and pests, food safety and traceability, machine readiness for operation, and labour availability.Information about good food processing practices.

Information on good agricultural practices.

Following good production practices for farms in BC.

The following are their recommendations on what you, as an agrifood business manager, need to consider to help you predict potential risks to your BC farm and some resources to help you inform yourself on how to mitigate those risks. The Government of BC has categorized some of the risks facing BC farmers into the following categories:

The average farm size in BC has increased from 327 acres to 365 acresīC farmers sell more blueberries, cherries, raspberries, garlic, apricots and leeks than farmers anywhere else in Canada Risk Management 101 for Farms in BC.

There are approximately 17,500 farms in BC, a number that’s decreasing.There are approximately 2,000 farmers under the age of 35 in BC.BC has the highest percentage of female farm operators in Canada at 37.5%, almost 10 percentage points higher than the rest of Canada which is at 28.7%.Some interesting facts about British Columbia’s farming industry include: Looking for Farm Insurance in BC? Click HERE to get a free quote now! Quick Facts About Farming in BC Aside from the information on how farm insurance in BC can help you protect your farm, we’ve also included risk management resources for BC farmers in this post. This is why farm insurance in BC is necessary for all agri-businesses in the Pacific Province. Thanks to its varying climates and landscapes, BC’s commercial farming industry provides local, national and international markets with necessities in foods, fibres and medicinal products.īut regardless of where you are or what you farm in BC, you have to deal with crop failures, insects, diseases, wildfires, flooding, farming equipment, buildings, your personal dwelling and more. From Fraser Valley blueberries to cattle raising in Peace to agri-tourism businesses in the Vancouver Island region, BC is home to over 200 agricultural commodities. Farming in British Columbia is as diverse as its agricultural regions.

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