Is Beekeeping Covered by My Homeowners Insurance?

Beekeeping, whether it is a hobby or your occupation, is a complex
process that requires extensive knowledge and training. As a beekeeper, or even
an aspiring beekeeper, you may be surprised to learn that bee related accidents
may not be covered by your homeowners
insurance policy. Continue reading to learn more about how beekeeping can
affect your home insurance policy and what you can do to get the proper coverage.

Does Regular Home
Insurance Cover Hobby Beekeeping? 

If you are someone who keeps bees as a hobby, it’s important to
discuss the details of coverage with your insurance agent. In most cases the
equipment you use, and the hives themselves can be covered under personal
property coverage, whereas the bees themselves may be excluded. It’s also
important to know that while most insurance companies would likely cover a bee
related accident, they may look to non-renew your policy in the future as they
are now aware of the risk. Once there is a known, high-risk exposure and a
history of loss, insurance companies can look to nonnew a policy as the purpose
of insurance is to help reduce the financial impact of losses
that are sudden, accidental, and out of the insured’s control. 

Does Regular Home
Insurance Cover Business Beekeeping? 

There is a level of unpredictability that comes with the buying and
selling of bees, and their product. Some homeowners insurance policies will
allow up to a certain amount in business-related coverage, however this
coverage is not typically comprehensive. When it comes to
product liability, injury, or even just your everyday beekeeping operations,
relying on your home insurance can leave you open to all sorts of risk. Between
the possibility of someone getting stung, someone having an allergic reaction
to your product, or your hive becoming damaged in a loss, you’ll want to “bee”
sure that you are thoroughly
protected. One way to set yourself up for success is by investing in “Bee
Insurance.” You can reach out to your local agent for more information!

What Does Bee
Insurance Cover That My Home Insurance Might Not? 

Beekeeping insurance can offer you a more in depth and comprehensive coverage than
your home insurance can in relation to bees. Typically, beekeeping insurance
will cover liabilities related to more extensive injury, damage to hives, and
even damage to your bees themselves. Beekeeping insurance can also offer coverage when it comes to
selling your products, whether that be from your home, a store, craft fair, or
market. It can even cover you for liability of products after they’ve been
sold. It’s important to know that many markets and craft fairs will require you
to have a certificate of liability if you would like to sell products during their
events. This protects both you and the venue against liabilities that may be
associated with your product.

We know that protecting your home and assets are a top priority. Check
out the link below to learn more about a homeowners
insurance policy with NYCM by contacting one of our trusted agents.