What is a Hobby Farm?
Hobby farms, in Ontario are small farms that are found on land of 100 acres or less. Typically, they have less than six non-saddled animals, and usually generate no more than $8,000 gross income during the year. They are more ‘hobby-based’ as opposed to ‘income-based’, however, they can range from a large acreage and home to a farm that creates produce that is then sold at the local market on weekends.
Regardless of how big or small your hobby farm is and whether you’re bringing in a profit or not, you do want to make sure you’re protecting your investment with the right insurance policy.
How Does Hobby Farm Insurance Work In Ontario?
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