Wheat Insurance

Australian Wheat Insurance

Are You Meeting All Your Wheat Insurance Needs?

At Regional Insurance Professionals, clients praise our expertise, solutions, and service. Since 2005, we’ve been one of Australia’s top wheat insurance brokers, with decades of experience. Trust us to help find you the best deal for your insurance.

At Regional Insurance, we understand the challenges wheat producers face daily from pests, weather conditions, and unplanned events that cause your farm to lose capital.

How Farmers Can Use Wheat Insurance to Their Advantage?

Wheat Insurance is often viewed as a cost rather than a tool to achieve positive outcomes. Think of Wheat Insurance as a Financial/Risk management tool that farmers can use to share the risk via insurers and international reinsurers.

There are a lot of insurers on the market, and most of them offer policies you might not need. That’s why we are here to help you. As your insurance broker, we will find the best policy that suits your situation.

Policy options can include:

Fire & Hail: It protects against wheat loss from severe storms, hailstones or fire events, paying out the insured yield
Pest & Disease: Pest infestations and outbreaks threaten wheat yields. Wheat Crop Insurance covers crop damage from these threats, protecting financial stability
Reducing Excess: An optional excess deductible that falls as the damaged area increases, lowering your base rate. In simple terms, the worse the damage, the less excess you have to pay
Storage & Transit Cover: Protects harvested wheat stored in silos or silo bags, as well as in transit

Flexible Premiums/Other Benefits/Extra Harvest Options: Contact our team to discuss which insurance option would best suit your situation or if you are looking to make a change.

Why Choose Regional Insurance Professionals For Your Wheat Insurance

Our brokers live and work in rural Australia; we know farmers, and we will bat for you.

We have a wide network of Australia’s top wheat insurers, giving you access to the largest capacity and rates.

Because insurers often limit cover in high-risk areas, having many insurers means we can secure insurance even where capacity is scarce.

What Can We Help With

Any Farm Size: Whether you have one paddock or multiple properties, we can insure them all. You can cover multiple fields of wheat or an entire wheat farm on a single policy, keeping things simple and clear, or we can help you mix and match policies based on your situation. But we will always help negotiate the best rates for your farm, no matter the size
Flexible Premiums & Payment: Take advantage of coverage options tailored for wheat farmers, such as arranging coverage early with no payment until after harvest or choosing a higher excess to lower your premium. These options help manage costs effectively without compromising your wheat crop protection
Comprehensive Risk Protection: We ensure your policy covers the biggest threats, hail, fire, transport accidents, and more. In addition to standard perils, our brokers find plans often include extra benefits (like fire-fighting or replanting costs) to minimise your losses
Peace of Mind: With the right insurance in place, you can make bolder cropping decisions to maximise your wheat production. Crop insurance acts as a safety net that transfers risk and helps you recover from setbacks. In practice, this means you can weather a bad season without jeopardising your entire wheat operation.

How Our Quote System Works

We have many ways to help estimate your wheat insurance quote, but the common method is using this formula:

Location of property
Insured Yield (t/ha): Your anticipated tonnes per hectare for wheat.
Area (ha): Paddock name/ID, area in hectares, and wheat planted.
Price per Tonne ($/t): Current market value of wheat.

We then calculate each field’s insured value as:

Area (ha) × Insured Yield (t/ha) × Price ($/t).

For example, 50 ha × 2 t/ha × $300/t = $30,000.

(Location is a material factor. Farms in frequent hail corridors or bushfire-prone zones often attract higher rates than low-risk areas.)

If you’re still unsure or if this kind of quote isn’t quite what you’re looking for, don’t hesitate to reach out.

Our goal is to make wheat insurance affordable, so you can focus on growing a great harvest. Our team is here to help. Just give us a call.

We’re a third-generation family farm, and we originally brought on Regional Insurance Professionals to look after our crop insurance. This was a good test for us – it proved their expertise, solutions, and service were top-notch. Now we’ve placed both our agriculture business insurance AND our personal insurances with Regional Insurance Professionals. Get a quote or have a chat with the guys – you’ll be glad you did.”