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Subject: Market Farming
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- From: "Sue Wells" <farmersue AT myfairpoint.net>
- To: "'Market Farming'" <market-farming AT lists.ibiblio.org>
- Subject: Re: [Market-farming] how much insurance?
- Date: Sun, 27 Apr 2014 06:50:09 -0400
My insurance is $1,000,000 per occurrence, and $2,000,000 for general aggragate, products-comp/op agg. And the city is added as an additional insured. (Which is $50 extra). I have had this for many years. For the first time, my other Market has required insurance this year. Sue Vermont From: market-farming-bounces AT lists.ibiblio.org [mailto:market-farming-bounces AT lists.ibiblio.org] On Behalf Of Kathryn Kerby We were getting ready to attend an orientation next week on a new farm product sales venue opening up near us. It’s not a farmers’ market per se, but one of those new food hubs that are starting to sprout up. We worked with them a few years ago when they were under different management, which went smoothly We were getting ready to do so again this year, until we heard they were going through a reorganization. Hmm. So we got the info packet to see what had changed in the reorganization. Amongst other things, they have a new list of “qualification criteria”, and one of those items was liability coverage for farm products. No problem, we’ve got it and we’ve had it for years. But then I read the fine print – we need $2 million per occurrence, AND we need to add that venue as an additional insured on our policy. Excuse me? So now I’m wondering if I’m just not seeing a true representative sampling of the range of requirements, or if this new venue is perhaps setting a high bar in anticipation of what’s to come down the pike in the near future, or maybe they’re just really out of touch with what everyone else is doing. Frankly, I’m not sure we’ll bother at this point with that new venue. There are some other hoops they want us to jump through which I remember thinking “well, hmm, that’s a little odd but OK…….” But if this additional insurance is going to really boost our yearly premiums, I’m going to have to think long and hard about whether it’s worth it. So I’m very interested in what other folks are seeing in their markets and/or other marketing venues, in terms of required insurance and at what levels. Thanks all…….. Kathryn Kerby Frogchorusfarm.com Snohomish, WA |
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[Market-farming] how much insurance?,
Kathryn Kerby, 04/27/2014
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Re: [Market-farming] how much insurance?,
Sue Wells, 04/27/2014
- Re: [Market-farming] how much insurance?, idyllwild farm, 04/27/2014
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Re: [Market-farming] how much insurance?,
Beth Spaugh, 04/27/2014
- Re: [Market-farming] how much insurance?, Kathryn Kerby, 04/28/2014
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Re: [Market-farming] how much insurance?,
Sue Wells, 04/27/2014
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