NRMA's Departure from Farm Insurance: Implications and Alternatives for Australian Farmers
NRMA's Departure from Farm Insurance: Implications and Alternatives for Australian Farmers
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In a significant shift within the Australian insurance landscape, NRMA Insurance ceased offering farm insurance policies, including Hobby Farm and Rural Farm Insurance, as of July 1, 2025.
This decision has left many farmers seeking reliable alternatives to safeguard their livelihoods.
NRMA has directed customers to WFI Insurance for farm coverage. WFI offers tailored policies designed to meet the unique needs of Australian farmers, providing comprehensive protection for crops, livestock, machinery, and buildings.
For farmers affected by NRMA's exit, it's crucial to assess current insurance needs and explore available options. Consulting with insurance brokers who specialise in agricultural coverage can provide valuable insights and help identify policies that offer the best protection and value.
In conclusion, while NRMA's withdrawal presents challenges, it also offers an opportunity for farmers to reassess their insurance strategies and ensure they have robust coverage in place to protect against the myriad risks inherent in agriculture.
Published:Thursday, 26th Feb 2026 Source: Paige Estritori
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Knowledgebase
Insurance Policy: Broadly, the entire written contract of insurance. More narrowly, the basic written or printed document, as distinguished from the forms and endorsements added thereto.
