How Ag Businesses Are Cutting Insurance Premiums Without Sacrificing Coverage

In agriculture, insurance costs have become a constant pain point. Premiums seem to climb year after year, leaving many dairies, farms, and ag businesses wondering if they have any real alternatives. The truth is, you do — but only if you know how to shop the market strategically.

Newfront Insurance has seen firsthand how the right approach can deliver substantial savings and better leverage at renewal. Below are two real-world examples from the ag sector that show what’s possible.

Case Study 1: Dairy Saves $110,000 with Exclusive Program

The Challenge:

One large dairy in Kern County was facing steadily rising premiums. With 4,500 cows and over $1.8 million in payroll, their annual premium had reached nearly $350,000. Their broker wasn’t shopping the account broadly, leaving the dairy with little leverage and no alternatives.

Newfront's Approach:

1. Gathered updated payrolls, WCIRB reports, and detailed loss history

2. Built a full narrative for underwriters, including corrective actions and safety initiatives

3. Highlighted a proactive loss control plan with monthly visits and claims management

4. Leveraged Newfront’s exclusive dairy insurance program (unavailable to any other broker)

   
   

The Newfront Outcome:

The renewal quote from their previous broker came in at $349,970. Through Newfront, the dairy received a quote at $239,557 — a savings of over $110,000 annually.

This not only validated our program’s competitiveness but also showed the client that proactive market engagement pays off.

Case Study 2: Ag Water Solutions Provider Gains $40k–$70k in Leverage

The Challenge:

An Ag Water Solutions Provider was up against renewal terms that had climbed again — and they only had days to respond. With little time to maneuver, they needed competitive quotes fast.

Our Approach:

1. Launched a rapid market sweep to four qualified carriers

2. Crafted underwriting narratives aligned with the client’s risk profile

3. Ran parallel negotiations to maximize leverage against the incumbent carrier

   
   

The Outcome:

In just three days, we secured options ranging from $40,000–$70,000 below their renewal quote of $340,000.

Resulting in giving the company a stronger negotiating position and full confidence their renewal was validated.

What These Stories Prove

Both examples highlight an important truth:

1. You don’t have to accept rising premiums as inevitable.

2. Even if you don’t switch carriers, competitive quotes provide leverage.

3. Exclusive programs matter. In some cases, the best rates and coverage are only accessible through specific brokers.

4. Speed counts. When time is short, a rapid market sweep can still produce meaningful results.

   
   

The Bottom Line

Whether it’s saving a dairy six figures annually or delivering multiple competitive options for an irrigation company in just days, the right strategy makes all the difference.

If your premiums are climbing, don’t wait until the renewal date to explore alternatives. A fresh market sweep could be the key to unlocking savings, better service, and peace of mind.

Ready to see what the market could do for your operation?

Contact Newfront today to request a Market Sweep.