The Complete Guide to Livestock Insurance in New Zealand (2026)
Livestock insurance is one of the most important risk management tools for NZ farmers. This guide covers everything from mortality cover to disease protection.
Livestock insurance in New Zealand protects farmers from the financial impact of unexpected animal losses. With NZ farmers losing approximately $150 million annually from unexpected livestock deaths, having the right cover is essential.
The main types of livestock insurance available in NZ include mortality cover, disease and illness cover, transit insurance, public liability, natural disaster cover, and theft cover. Most NZ farmers work with a broker to arrange cover tailored to their specific operation.
Key providers in the NZ market include FMG (the dominant specialist rural insurer), Aon, Gallagher Insurance, NZI, and specialist brokers like Gerrards and LCFG. Each insurer has different strengths — FMG is often preferred for comprehensive farm packs, while Aon offers strong online livestock quote capability.
When arranging livestock cover, consider whether blanket or specified cover is more appropriate. Blanket cover applies to your entire herd at market value for defined perils. Specified cover names individual animals — essential for high-value breeding stock, stud bulls, rams, and deer stags — and provides broader protection including disease and agreed value settlements.
Premiums vary significantly based on animal type, number, value, location, and coverage level. Working with a specialist rural insurance adviser ensures you get the right cover at the most competitive premium.
James McGregor is a licensed NZ rural insurance adviser with 15+ years experience advising farms across the North and South Islands. He specialises in livestock risk management, farm pack insurance, and rural business continuity for farms of all sizes.
Coverage Types Mentioned in This Guide
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