View Full Version : Insurance providers for hive replacement?
Could anyone tell me who may insure hives for theft, vandalism, fire in Washington State? I only have around 100 colonies. Thank you.
G3farms
08-11-2009, 11:40 AM
see if they will add it onto your home owners policy.
just a thought, I know they will write them on cattle.
G3
iwombat
08-11-2009, 01:36 PM
I had two places that offered policies.
Country Insurance
and my local Farm Supply Coop (Issaquah Grange) has a policy they offer as well.
Both were for "family farms" and were fairly reasonable. They insured all the equipment, but not the livestock (bees). Homeowners _may_ cover you until you sell dollar #1 of product. Then, you're in business and not covered under your home policy.
beeman
08-11-2009, 09:31 PM
All I know is our business insurance was supposed to cover equipment but apparently that only meant equipment in the honey house, as we had 60 colonies get caught in a wildfire and we just had to take the loss. Just before almonds too, with 45-50 strong enough to go in. Point being, make sure it applies to colonies in outyards also.
tarheit
08-11-2009, 09:42 PM
We ended up switching our home owners policy to a farm policy with ANPAC. Covers the equipment, bee hives (both on and off our property), product liability etc. They pretty much customized it to what we needed. And it ended up being cheaper than our old policy to boot. Only downside is that that it won't cover the replacement of the bees themselves, just the equipment, honey, etc. Ended up switching our autopolicy as well so it now covers me for farm use.
See http://www.anpac.com/products/p_c/ag/default.aspx
Our local agent wasn't familiar with their policies in regards to beekeeping, but he did his homework and was very helpful.
-Tim
Countryboy
08-11-2009, 11:18 PM
Be self insured. With risk comes reward. Take the money you would normally pay in premiums, and put it in a separate fund. When and if you need insurance, you have funds available.
Insurance is just a legal form of illegal gambling. You are betting you will have a claim, and you have some control over factors that could cause claims.
tarheit
08-16-2009, 01:07 AM
Being self insured for small things may make some sense so long as you are prepared to handle the loss. But it won't take much to bankrupt most people if something came down to a lawsuit. You may have more in simply defending yourself and winning than you can afford, not to mention if you happen to loose. It would take a long, long time of putting the 150 or so that covers my product liability each year in the bank to equal the lawyers fee alone. While I likely will never have a problem, I can't risk the future of my family on it.
-Tim