Harvest Disaster: Be Ready for the Unexpected
We don’t like to think about accidents on our farms, even though we work in one of the most dangerous industries. As a farmer, you’ve learned how to take the good with the bad when cultivating your land over the years. However, thinking about what can happen is essential. Farm owners can avoid crisis events and ensure their crews are prepared for the unexpected. But are you ready for the worst-case scenario?
Feed & Water Supply
Since no one can foretell the duration of a crisis, food and water for your home and barnyard are essential in an emergency. Plan ahead to always has at least one gallon of water per day for each person and animal on the farm. Since no one can foretell the duration of a crisis, it is suggested to have full feed bulk bins or at least an alternative plan to gain access to supplementary feed and water.
First Aid Kit
Be sure you and your workers know exactly what to do in an emergency. Everyone should know the first person to inform of a crisis and where your first-aid kit is located. Each kit should include bandages, gauze pads, antibiotic ointment, peroxide, scissors, and tweezers.
The worst time to find out that you don’t have enough insurance to cover your damages is when you need it. If you don’t already have one, make a list of vehicles, farm buildings and structures, crops and livestock. Take detailed notes and photos for insurance purposes. Reviewing this list on a minimum annual basis will keep your insurance up-to-date and keep in mind what you own.
Tools & Equipment Value
If your tools and equipment are insured for Actual Cash Value (ACV), it’s best to ensure you have the right value insured on your policy. Since the pandemic, the cost of things has fluctuated dramatically when compared to that combine you purchased in 1998. If your insurance limit is too low, you will have to pay part of the repair/replacement bill out of pocket. If the accident occurs during harvest season, that’s not an easy thing to do. Don’t insure for the amount you paid for something. Set your value limit based on what it would cost you to buy it brand new in today’s pricing.
Farm fires are devastating and can result in losing a business’s livelihood. Be careful not to park vehicles and motorized machinery near combustible items such as hay, chemicals or other farm products as they can get very hot after use. Ensure that all machinery is properly cleaned after each use, cleaning engines and outlets of dust and debris. Try to have a water source handy so small fires can be controlled and doused quickly while out in the fields or in the barnyard.
Schedule a date and time to review your coverage with your broker, so you don’t go into harvest with insurance that doesn’t have your back. This review doesn’t need to happen at the renewal date. Let our team know when in the year you’re ready to go through your coverages, and set a reminder to give you a call.