Business Insurance Guidance
Protect What Keeps Your Business Moving
Build tailored coverage for your property, people, vehicles, operations, and valuable assets—so you can focus on running your business with confidence.
Our Products
Multi-peril Crop Insurance
Multiple Peril Crop Insurance provides comprehensive protection against weather-related causes of loss and certain other unavoidable perils. Coverage is available at 50 to 75 percent of the actual production history (APH) for the farm. Coverage levels of 80 and 85 percent are available for some crops if indicated on the actuarial documents for the county. MPCI coverage provides protection against low yields and poor quality as well as prevented planting, late planting, and replanting costs for most crops.
Revenue Protection
Revenue Protection (RP) policies insure producers against yield losses due to natural causes and revenue losses caused by a change in the harvest price from the projected price. The producer selects the amount of average yield he or she wishes to insure; from 50 to 75 percent (up to 85 percent in some areas). The projected and harvest prices are based on daily settlement prices for certain futures contracts.
Yield Protection
Yield Protection (YP) policies insure producers in the same manner as APH policies, except a projected price is used to determine insurance coverage. The projected price is based on daily settlement prices for certain future contracts.
Area Risk Protection Insurance (ARPI)
Insurance coverage based on an area, not an individual, yield or revenue amount. There are three plans of insurance available under ARPI: Area Revenue Protection, Area Revenue Protection with the Harvest Price Exclusion, and the Area Yield Protection.
Livestock Gross Margin
Livestock Gross Margin (LGM) provides protection against loss of gross margin (market value of livestock minus feed costs).
Livestock Risk Protection
Livestock Risk Protection (LRP) provides protection against price declines.
Crop-Hail Coverage
Crop-Hail provides coverage against loss to growing crops caused by hail. A crop hail policy may also provide coverage for loss caused by other perils including fire, lightning, wind (when accompanied by hail or by separate endorsement), vandalism, and malicious mischief.
A Clear Path to Better Business Protection
Step 1
1. Review your business. We learn how you operate, what you own, who you employ, and the risks that matter most to your industry.
Step 2
2. Assess exposures and options. We identify gaps involving property, liability, vehicles, equipment, operations, and employee-related risks.
Step 3
3. Build support around your needs. Receive tailored recommendations and responsive service as your business grows, changes, or faces a claim.
Commercial Insurance FAQs
Clear answers to help you make confident coverage decisions for your property, people, vehicles, and day-to-day operations.
What types of insurance does my business need?
Your coverage should reflect your industry, operations, property, employees, vehicles, contracts, and risk exposure. A tailored commercial insurance review can help identify the policies and limits that fit your business.
Can coverage be tailored to my specific industry?
Yes. Businesses face different risks depending on what they do. Coverage can be customized for contractors, retailers, manufacturers, farms, professional offices, restaurants, and other industries with endorsements and protection designed around their operations.
Does commercial insurance cover my building, equipment, and inventory?
Commercial property insurance can help protect owned buildings, business personal property, tools, equipment, inventory, and other physical assets from covered losses such as fire, theft, wind, or vandalism.
Do I need commercial auto insurance for business vehicles?
If vehicles are owned, leased, or regularly used for business purposes, commercial auto coverage is often essential. It can help protect company vehicles, drivers, and your business from covered liability and physical damage claims.
How can I protect my employees and my business from workplace injuries?
Workers’ compensation coverage can help provide benefits for eligible employees injured on the job while helping protect your business from the financial impact of workplace injury claims. Requirements vary by state and business type.
How often should I review my business insurance policy?
Review your coverage at least annually and whenever your business changes—such as hiring employees, buying equipment, adding vehicles, expanding locations, increasing revenue, or taking on new contracts. Regular reviews help keep protection aligned with your current needs.
Protect Your Hard Work
Your farm deserves coverage that keeps pace with its goals. Request a personalized insurance review with Geyer Agency to discuss your operations, assets, employees, vehicles, and plans for future growth.