HALIFAX, NS - December 11, 2024 - QuickFacts is excited to announce the launch of a new Farm Product Line on its Comparisons platform, designed to assist brokers in addressing the unique insurance needs of small-scale agricultural operations and rural lifestyle enthusiasts. Unlike traditional Commercial Farm insurance, this new offering is specifically crafted for Hobby Farms—properties maintained primarily for sustainability and providing fresh, homegrown food for families rather than profit. This expansion offers comparisons for over 25 carriers nationally for livestock, equipment, structures, and more, making it easier for brokers to serve clients seeking tailored insurance solutions for their agro-business and self-sustaining lifestyle needs.
Hobby Farms are distinct from Commercial Farms, as they are often family-run, smaller in scale, and not intended as a primary source of income. They reflect a growing interest in rural and agricultural lifestyles, particularly in regions like Ontario, where hobby Farming has become increasingly popular. QuickFacts’ new product line extends beyond standard Personal Lines insurance, offering customized protection that fills a crucial gap in the current insurance market.
The new product line on the Comparisons platform simplifies the process for brokers by providing detailed information on eligibility and coverage options for Hobby Farms.
Rather than the one-size-fits-all approach of standard homeowners’ policies, QuickFacts’ Hobby Farm comparisons include provisions for protecting essential assets like livestock, Farm equipment, and outbuildings. This streamlines the assessment process for brokers, enabling them to offer clients more precise and relevant coverage recommendations.
With this new addition, QuickFacts is poised to become a go-to resource for Farm Insurance Comparisons across Canada, providing brokers with the tools they need to serve a growing client base interested in agricultural and rural lifestyles.