If you or your employees are driving a vehicle on behalf of the plant nursery — to deliver plants to customers, for example — then you need commercial auto insurance to be fully covered. Business property insurance can help protect the property your business owns and leases, including things like medical equipment, inventory, furniture and fixtures. We also include coverage for things you may not have thought of, like protection for your accounts receivable records and or computers and media. There’s even an option that can help replace lost income when your operations are suspended and can no longer operate due to a covered loss. Most property insurance policies exclude damage to, or loss of, live plants.
Losses have to be caused by things which are unavoidable or beyond the farmer’s control – like a drought, freeze and/or disease. Learn about small business agribusiness insurance – a type of commercial insurance protects farmers against loss of, or damage to crops or livestock. Nurseries and greenhouses typically have business vehicles and you need to have commercial auto insurance for them. This is a requirement for them to legally be on the road and you should never neglect this. You never know when an accident could occur and you need to have the proper insurance to cover this. Not having this nursery and greenhouse insurance will result in your business having to pay the expenses while closed without any income to cover this by this link flexfoods.net
Plus, what happens if a customer or supplier trips over one of your irrigation lines and sues you? Insurance coverage for greenhouses can cover the medical costs from the injury and also provide your legal defense if you get sued. Managing risk is a core aspect of farming and a key component to the operation’s ongoing success. Various factors – including uncertainties like policy changes and unexpected events – can have a significant effect on farm income. By careful planning and choosing from alternatives, risk management strategies can help reduce financial losses. Vegetable crops covered include potatoes, cabbage, green peas, green beans, sweet corn, and tomatoes.
She still currently resides in Westminster where she is raising her son, Gavin with her husband, Rex. When asked what’s most important to her she says, “God, family and friends.” Michelle really cares about people and wants to make a difference in their lives. Aaron jumped into the insurance industry after graduating from Colorado State University and has been with RSS ever since. He is licensed in 16 states in property, casualty, health, life and surplus lines. He loves learning about new people and new businesses and has made it his passion to help our customers make sure they are properly protecting what’s most important to them.
General liability is a standard policy that will help protect your business in the event that their is a claim resulting from the work your business is performing. If your business has a fleet of vehicles, a commercial auto policy will be able to provide coverage generally not available through a personal auto policy. If you regularly transport equipment, an inland marine policy will help to protect your equipment in transit. You may want to also consider an umbrella policy as an added layer of protection in the event any one of your lines of business is unable to fully cover a resulting claim. There are also a number of other coverages available to greenhouse growers and nursery owners that may help your business operate without interruption.
You want your insurance to cover the true value of your property in the event of an incident. In this section, gain access to educational resources on a wide array of topics, including preparing an emergency plan for livestock producers and developing a contingency plan for dairy farms. Existing and potential farmers who wish to discuss risk management planning and engage with other farmers can join the New Farmer Checklist and Chat webinar.
The install cost is very low, and the heat is perfectly uniform especially along the cooler outer walls. Over the past 12 months, we’ve seen changes to consumer preferences, material costs, and the overall supply chain. If your greenhouse business is like others, these factors all influenced how you did business in the past year. The Tree Assistance Program provides financial assistance to qualifying orchardists, Christmas tree, and nursery tree growers to replant or rehabilitate eligible trees, bushes, and vines lost by natural disasters. A single lawsuit or settlement could bankrupt your business five times over. Many companies and government agencies won’t do business with your company until you can produce proof that you’ve obtained one of these policies.
As farmers and nursery growers, you need farm insurance protection that you know is going to keep your business safe no matter what happens. Our team of agents ensures that you have the insurance needed to safeguard your business and livelihood. Our greenhouse grower and nursery business owners have the latest resources available to them. You have several special considerations to take into account when insuring your greenhouse operation. Consult with an insurance professional to assess your specific situation.
Cyber insurance is a relatively new type of insurance that covers incidents of hacking or other malicious online activity. If your system is hacked and your customers’ credit card information is exposed, then you could be on the hook for a lot of damages. Dani joined the RSS team in May of 2019 as a Personal Lines Account Manager.