One important part of planning for the upcoming growing season is a professional insurance review. A simple check-up with your agent to go over current policies and coverage to make sure everything is insured properly. The Lyman Agency, LLC understands horticultural businesses, and we are happy to help review and check on any insurance needs. The Lyman Agency represents an agricultural carrier that was started by farmers for agriculture and horticulture and is the leading carrier in the Northeast.
Property Coverage
There are so many parts of a horticultural operation that need to be insured such as buildings and contents, greenhouses, and farm machinery, just to name a few. Keeping an inventory of all property and consulting with your agent to makes good business sense. You want to make sure that when the unexpected happens your property is insured to cover the loss to help you repair or rebuild if need be. The Lyman Agency, LLC is able to develop a program that suits your growing operation that protects your assets while maximizing discounts. Whether it’s a Farm Package, Business Owners Policy, or a Commercial Package Policy we will work with you to determine what works best for your operation. It is very important to have an agent and a carrier that completely understands your business and writes all of your policies.
Liability Coverage
To protect your business from liability requires insurance to protect it from losses where you may be liable or appear to be liable. Liability insurance protects your business and assets if someone is hurt or something is damaged as a result of negligence. Other items to consider is product liability insurance and cyber coverage. We will work with you to determine the best form for your operation, whether it be a Farm Package, Business Owners Policy, or a Commercial Package Policy.
Workers’ Compensation:
Your workforce is a vital component of your business and so is workers’ compensation. As an employer, it is your largest insurance expense and it is important that you have a partner who is able to help you navigate through the system. Workers’ compensation is state-mandated and can be complex and confusing, so having an expert on your side helps take the uncertainly out of it. The Lyman Agency, LLC has successfully implemented programs for clients that manage the modification factor to reduce or lower rates.
Workers Compensation can get out of hand quickly and as a result, quickly escalate your premium. The Lyman agency, LLC will work hand and hand with you to help keep this line of insurance under control. We pride ourselves on driving this premium down for our clients.
Commercial Auto:
Many commercial growers have a fleet of vehicles to deliver plants around Connecticut and surrounding states. No matter if you have a tractor-trailer, flatbed, and/or dump truck, The Lyman Agency, LLC is happy to help you find ways to properly insure while reducing premiums. Accidents are inevitable that is why you need insurance to limit your exposure with liability coverage for bodily injury physical damage and property damage. We can also help with personal injury protection to help cover medical payments for those suffering from injuries out on the road, or lost wages in the event of an accident.
Commercial Umbrella Policy
Most Nursery and Greenhouse operations carry a commercial umbrella. The carrier that The Lyman Agency represents will write an individual Umbrella in house for up to twenty million dollar limits. Higher limits are also available. Today most carriers are looking to cap umbrellas at a much lower limit, potentially leaving your company in a bind in the event of a catastrophic liability claim. We will be happy to meet with you and do a complete review to determine the proper level of coverage for your operation.
Helping you manage claims:
The reason you purchase insurance is to protect you when a claim occurs. The Lyman Agency prides itself in being there with our clients at the time of the claim and if need be acting as the intermediary with the claims department to make sure the claim is properly resolved. We have spent many years on your side of the table and understand it is vital at the time of claim to make sure to get you back to whole as quickly and possible.
Call The Lyman Agency, LLC today, at 860.349.7064 to schedule your nursery and garden center insurance check-up.
