May 13, 2009 Your Farm Management Job just got Easier!

New Live Asset Crop Insurance Protection coming soon!

This is exciting news for farm managers and the crop brokers who insure them!

The only overall complaint we hear at Live Asset Insurance from prospective clients and their crop brokers is that our minimum premium is just too high for them to afford. There are thousands of mom and pop farms that have live asset exposures, but can’t afford the $5,000 entry fee. We heard you and we have been trying to find a way to get around this issue.

Bundle Your Assets, Protect your Crop Exposures

We hope to announce shortly that smaller live asset exposures can be written on a single “bundled” property policy for the owner, operator, manager or broker for a smaller sized or niche farms.  Our legal department is finalizing the 19 state offerings.

Qualifying farm managers must control the farm operations and be contractually responsible for the protection of the plant material. We will require management firms to enforce our inspection standard of care so quality random sampling can be done to keep our inspection costs low.

This will apply to all live asset crop and farm managers:

• Vineyard
• Nursery
• Greenhouse
• Orchards
• Tree Groves
• Golf Course
• Botanical Gardens
• other growing plant material exposures.

We expect to officially announce this in the next few weeks, so stay tuned