Wallaces Farmer

Fire, weather, vehicle accidents are top 3 on Nationwide's list of preventable insurance claims.

April 23, 2020

9 Slides

Farm and ranch insurer Nationwide has released its top 10 list of preventable insurance claims on farms and ranches in 2019.

The following claim types accounted for more than 20,000 claims in 2019:

  1. Fire

  2. Weather, such as wind, hail and lightning

  3. Roadway vehicle accidents

  4. Mobile equipment on farm/on the road

  5. Animal-caused damage

  6. Building collapse

  7. Workplace injuries

  8. On-premises injuries

  9. Theft

  10. Food safety

“Today’s farmers are facing unprecedented challenges – from dealing with impacts of the COVID-19 pandemic to navigating trade challenges, all while they prepare their fields for the season,” said Nationwide Agribusiness president Brad Liggett. “Nationwide has built its reputation as the largest farm and ranch insurer through decades of relationships and hard work to protect agricultural professionals. We hope that sharing this information along with some best practices for risk management will help them address the risks they do have control over and further boost the safety and efficiency of their operation.” 

Click through the slideshow to see tips from Nationwide to help farmers and ranchers prevent or mitigate the risk of these costly disruptions on their farms and ranches.

Source: Nationwide, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

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