Running a farm is far from easy. With many farmers living on the same land they cultivate, having the proper insurance is essential. Below are a few types of coverage you may want to consider obtaining on top of your current policy.
A farm is a type of business and all businesses should have insurance. To get a firm grasp on the type of coverage you should obtain, you should ask yourself the following questions.
Many farmers make additional money by selling products at a local market. While finding a way to expand your income is a wise decision considering the current economy, selling foodstuffs could increase your liability risk. You may be able to reduce the threat by making sure you enforce strict rules on hygiene.
We probably don’t have to tell you that young workers can be more vulnerable to accidents and injuries on a farm or property than older individuals. It’s only natural that a young inexperienced employee is more likely to make an error of judgment, or be less able to respond appropriately to a situation they haven’t personally experienced before. Here are two things you can do to reduce the risk that one of your young farm hands will come to serious grief and need to put in a worker’s compensation claim.
Working on a farm is no cakewalk. Workers are often exposed to the elements, around unpredictable animals, and using highly dangerous equipment. All of this means the proper farm workers compensation insurance is a must. You should also try and counter the risks by adequately preparing your workers for the dangers.
Those involved in the agricultural or farming industries often have different employee needs than other businesses. You may employ some people full time, and top this up significantly at various times throughout the year. Farm workers can sometimes face risk of injury depending on the type of work they are doing. Having farm workers compensation insurance can be of great benefit to these employees and serve you well too.
Much is written about business in the press, and very often it is the big boys; banking, manufacturing or retail. The fact is, farming, as a collective business, is still the backbone of much of the USA. Farmers have the same financial concerns as any other business. They run to make a profit, and are dependent on factors such as weather and market conditions. They have the same concerns, such as their bottom line and protection by way of business insurance for farmers.
Farm workers compensation insurance is an essential part of any farming operation. Do you see it that way? You may be able to keep costs low and prevent claims by training your employees to follow the tractor safety tips below.
should be considered a must for all farmers. This is because of the inherent hazards of farming – sharp tools, heavy machinery and unpredictable animals. Fire is also an on-the-job danger farmers must contend with, thanks to the various chemicals, fertilizers and fuels likely to be on the premises. Do you know what to do when a worker is seriously burned?