Poultry Farm Insurance Michigan Policy Information
Poultry Farm Insurance Michigan. Poultry farm insurance is just one of the many essential facets of owning and managing your farm. You are overseeing livestock, equipment, housing, staff, and so much more. Poultry is a crucial aspect of the average American diet, with each person in the United States consuming about 220 pounds of red meat and poultry per year.
Chicken is hands down the number one protein in the country. As an essential business in the food supply chain, insurance of the many aspects of your livelihood should be one of your highest priorities.
Poultry farmers raise chickens and turkeys for eggs and meat. Some raise more exotic fowl such as ducks, geese, guinea, ostrich, peacocks, quail or squab. Birds can be raised in confinement or free-range, although free-range fowl are kept indoors during inclement weather and at night due to predators.
Beaks may be trimmed to prevent the birds from aggression or feathering pecking and eating. Feed is provided along with vaccinations to keep the stock healthy until they reach market weight. The farmer either drives the birds or eggs to the processing plant or hires a carrier to transport them.
Many operations raise their own grain to turn into feed. Poultry farms are subject to regulation by the USDA, FDA, and EPA. While the use of antibiotics for poultry has been approved by the FDA since 1951, the practice has generated increased controversy due to concerns about human antibiotic resistance.
All businesses contain inherent risks, and you should protect your business and revenue with an investment into the correct type of insurance that you need. Insurance will be there to make sure your business thrives, regardless of extraordinary circumstances out of your control. Having control over your poultry farm insurance Michigan policy coverages is of the utmost importance.
Poultry farm insurance Michigan protects your growing facilities, laying houses, egg gathering facilities & service buildings from lawsuits with rates as low as $67/mo. Get a fast quote and your certificate of insurance now.
What Is The Difference Between Farm Insurance & Homeowner's Policies?
It is essential to distinguish between personal property and farm property as homeowners' policies do not cover farm equipment. Your agent may be able to provide both, but insuring anything in the revenue pathway from your farm should be done with a separate poultry farm insurance Michigan policy.
Itemizing farm equipment such as ladders, hoses, and power washers will mitigate any risks associated with damage or loss.
Ensuring that your business assets are covered for the wide variety of incidents that can happen on any poultry farm is critical to your success. Knowing you have a backup plan in these events can ensure your peace of mind.
It is vital to go through each step of your policy with your agent to identify gaps in coverage that can impact your business and its revenues.
We recommend listing several things that you have been exposed to over the run of your farming experience and asking if those events will be covered under the policy you currently have. For example:
- What if a lightning strike causes a fire and renders a building useless?
- Will the loss of animals be covered?
- Will the structure be covered?
- What about the loss of revenue associated with the lightning strike?
- What if a roof collapses due to heavy ice or snow?
- What if the compressor on your cooling equipment breaks down during a heatwave?
Come up with pointed scenarios and make sure there are no gaps in the coverage you need to keep your family business running the way you foresee, even when unforeseeable events may occur.
What Type Of Poultry Farm Insurance Do I Need?
Although a poultry farm insurance Michigan policy is a good place to start when considering protecting your farm, there are other optional farm and ranch insurance coverage types to consider. Your commercial farm insurance agent might recommend some or all of the following:
Workman's Compensation and Employee Liability Insurance
If you employ staff to help with your MI poultry farm, you must carry workman's comp in virtually every state. If any of your team is injured while on the job, workers comp kicks an and pays for medical care, loss of income and even death.
General Liability Insurance
This will protect you from third party incidents of bodily injury or property damage which can happen on or off your farm./p>
Protecting the equipment that allows you to stream revenue is critical. What happens your equipment stops working the way you need it to? Will you be covered if a fire destroys your barn or even your precious livestock?
Equipment breakdown coverage can help protect your ventilation and other poultry house equipment. Asking your broker when your policy begins coverage and how you can protect these aspects of your livelihood will be crucial in any of these events.
Yes, people steal chickens! Your policy should take into account what would happen in the theft of any of your property, including your animals.
Loss Of Income
Part of a MI commercial farm property insurance, this coverage can protect you from the type of event where you incur a proportionate loss of revenue to your business. Everything from weather events, fire, or machinery breakdowns can inhibit the revenue stream you rely on.
These are just a few if the poultry farm insurance Michigan coverages you should consider. You might need more or less based on your farming operations.
MI Poultry Farmer's Risks & Exposures
Premises liability exposure is moderate. FDA inspectors and veterinarians regularly visit the premises. Poultry farms may be visited by school-age children and other tour groups who can trip and fall on uneven walking surfaces or housekeeping hazards.
Visitors may be allowed to handle chicks, resulting in pecks or scratches. Visitors should be accompanied by an employee. Restricted areas should be secured to keep visitors from straying into operational areas.
All exits should be adequately marked. The poultry farm may present an attractive nuisance to trespassers. There must be adequate security to prevent unauthorized entry.
Products liability exposures are moderate due to the potential for contamination of meat products and eggs such as bird flu, E. coli, and salmonella and passage of that disease to consumers. Effective procedures are required to ensure that vaccinations are up to date on each bird, that birds with communicable diseases are not sent to a processor, and that the rodent population is controlled.
Controls must be in place to prevent contamination from exposure to chemicals such as insecticides and pesticides. There should be an effective working recall program that can be activated immediately.
Environmental impairment liability exposures are high due to the potential for air, land, or water pollution from the use of agricultural chemicals and pesticides application, storage and disposal of fowl waste, and motor vehicle fuel storage tanks. Larger operations or those raising poultry in confined settings may have on-site waste collection pits that produce toxins hazardous to humans and other animals.
Drugs, needles, and syringes used to administer medications are considered biohazardous waste and must be disposed of properly. Shipments of waste may result in off-premises pollution in the event of an accident or spill. If there are underground storage tanks, a UST policy will be required.
Workers compensation exposures are high due to the use of equipment and interaction with poultry that can peck or scratch an employee. Roosters and toms can be territorial. Workers can cut themselves or sever fingers during the debeaking process. Training, supervision, and communication are important in maintaining a safe work environment.
Slips, trips, falls, back injuries from lifting, foreign objects in the eye, and muscle strains are common. Exposure to farm chemicals and organic dust can lead to respiratory issues. Workers can suffocate in confined spaces such as grain bins, tanks, waste containment areas or silos.
Respiratory equipment and safety lines should be used. Injuries can result from loading and unloading poultry from vehicles. Employees can pick up communicable diseases from working with poultry.
Property exposures are high due to numerous ignition sources, such as heaters, cooling equipment, and electrical fixtures combined with combustible materials such as animal feed and bedding, oils, and motor vehicle fuels. The egg producing farms will have higher exposures because of the egg assembly lines.
All machinery and equipment must be inspected and maintained regularly to avoid wear and tear or overheating losses. Wiring must be up to date and of sufficient capacity. All machinery should be grounded to prevent static buildup and discharge. Electrical fixtures should be dust and moisture proof.
All farms will keep their hatcheries, young chicken and mature chicken barns separate to control disease. If poultry are caged at all times, significant waste occurs that must be removed. This waste can spontaneously combust if not properly stored and ventilated. Lightning may strike buildings unprotected by rods and GFIs, and severe winds and tornados may destroy property in certain geographical areas.
Poultry farms are in rural areas where fire response time may be slow and a water supply to douse a fire may be undependable. Auxiliary fire-fighting procedures should be in place, including evacuation of the birds. Fire extinguishers should be well distributed. Automatic fire detection and suppression systems should be considered, especially in larger operations. Smoking should be prohibited.
Poultry farms may be a target for vandalism or demonstrations. Adequate security should be provided. Business income and extra expense may be high after a loss due to the unavailability of backup facilities.
Equipment breakdown exposure can be high due to the lighting and heating equipment used for maintaining an optimal environment for hatching eggs. All machinery and equipment must be regularly inspected and maintained.
Crime exposures are from employee dishonesty and theft but are relatively minor if there are no retail or delivery operations. Pre-employment checks should be conducted for employees. Inventory controls should be in place. Money-handling responsibilities should be separated, with no employee handling both receivables and disbursements.
A money and securities exposure exists if there are retail operations on premises or if products are delivered to customers. Some prescription medications for poultry may be targeted by thieves.
Inland marine exposures include accounts receivable if the farm bills customers, computers, goods in transit, livestock, mobile equipment, and valuable papers and records for pedigree information, records needed to substantiate FDA requirements, product information that may be needed in case of a recall, and veterinary information.
Goods in transit coverage will be needed if birds are transported. Poultry carriers are bulky and may overturn. Mobile equipment is common for cleaning poultry houses and moving the birds. A wide range of farm machinery may be needed if the operation grows its own feed grain.
Commercial auto exposures may be limited to hired and non-owned if carriers or processors transport the poultry to processing centers. If the farm transports its own birds, the exposure increases. Drivers must be trained in handling the sway of poultry trailers. Drivers must have appropriate licenses and acceptable MVRs. All vehicles must be well maintained with records kept.
Poultry Farm Insurance - The Bottom Line
No matter if you manage a small bird farm or a large corporate entity, the operation should be insured to reduce the entire operation's risks.
Your poultry farm insurance Michigan policy should reflect the type of coverage necessary to maintain a successful business to keep revenue flowing in case of any emergency.
Michigan Economic Data And Business Insurance Requirements
Business owners who are interested in establishing operations Michigan must have a thorough understanding of the state's economy. They should also familiarize themselves with any regulations and limits that state may have in place for commercial insurance.
Any entrepreneur who is thinking about starting a business in the Great Lake State first needs to determine if it's a feasible location for business operations. As such, it's important to have a keen understanding of pertinent details regarding the economy of Michigan, in addition to the types of insurance coverage that are mandatory for corporations that operate within the state.
Economic Trends for Businesses In Michigan
After a long period of stagnant job growth in the early part of the 21st century, MI has been experiencing a steady increase in employment gains. Between 2009 and 2018, the state has enjoyed a period of uninterrupted job growth; the longest stretch of job growth since World War II. According to economists at the University of Michigan. While there has been a slight decline in the rate of job growth, job creation continues and forecasters say will continue for the next two years, into 2021.
In 2018, an estimated 55,200 jobs were created; in 2019, it's expected that 35,800 jobs will be created, and in 2020, economists believe that there will be a total of 39,300 jobs created in Michigan. While that rate of growth is 1.9 percent slower than the job growth rate between 2011 and 2016, it is still a steady increase overall. In total, approximate 683,200 jobs will be created in MI between 2099 and 2020; almost four out of the five jobs that were lost during the early part of the 21st century will be recovered.
While the unemployment rate has steadily improved, it is still above the national average. In March of 2019, the national unemployment rate was 3.8 percent, while in the state of Michigan, it was 4.0 percent. Mid-Michigan has experienced the largest growth rate in the state, and according to forecasters, it looks like that trend will continue, moving forward. Industries that are expected to see the most growth include:
- Energy, due largely to research and development in clean energy
- Food and agriculture
- Transportation and mobility
- Healthcare industry
- Information and technology
In the state of MI, business owners are not legally required to carry liability insurance; but most entrepreneurs opt to invest in a General Liability or Business Owner's Policy (BOP). A commercial auto insurance policy is also required for any businesses that use motor vehicles to conduct any aspect of their business operations. Workers' compensation insurance is also required for any businesses with non-owner employees. While the following forms of coverage are not required, depending on the type of business you operate, they are recommended:
- Data breach insurance
- Business income insurance
- Commercial Umbrella insurance
Additional Resources For Agribusiness Insurance
Learn about small business agribusiness insurance - a type of commercial insurance protects farmers against loss of, or damage to crops or livestock.
- Insurance Farming Terms Glossary
- Aquaculture Fish Farm
- Commercial Fishermen
- Dairy Farm
- Equine & Horse Farm
- Farm And Ranch
- Farm Equipment Dealers
- Farm Labor Contractors
- Livestock & Cattle
- Mushroom Farms
- Nursery And Greenhouse
- Nut Farm
- Orchards & Groves
- Poultry Farm
- Sheep & Goat Farm
- Swine, Hog & Pig Farm
- Tobacco Farm
- What Are Farm And Ranch Insurance Endorsements?
Farming is, and has always been a tough business. There are many uncontrollable factors for farmers to deal with - like the weather, vermin, or other natural catastrophes. Any of these can destroy cash crops, such as corn, cotton, soybeans, and wheat, and put the farmer in a very bad financial situation.
Insurance for agribusiness falls into three general categories:
The first is property insurance on the buildings and the usually substantial amount of business personal property made up of machinery, livestock, equipment and other stock.
The second is liability for both premises and products.
The last is protection for worker injuries. Commercial auto insurance should be written if the operation owns vehicles and especially if it transports its own products.
There are a wide variety of agribusiness insurance options that are available to farmers. These policies allow them to to receive compensation in the event of a poor growing season, dropping prices, cattle disease or catastrophic natural event.
Loss of crops or livestock can financially ruin an agribusiness operation. The crop insurance agrees to indemnify the farmer, rancher or grower against losses which occur during the crop year. Losses have to be caused by things which are unavoidable or beyond the farmer's control - like a drought, freeze and/or disease.
Some policies offer coverage due to adverse weather events such as the inability to plant due to excess moisture or losses due to the quality of the crop.
Minimum recommended small business insurance coverage: Buildings, Business Personal Property, Crop Insurance, Employee Dishonesty, Accounts Receivable, Computers, Goods in Transit, Mobile Equipment, Valuable Papers and Records, General Liability, Environmental Impairment, Umbrella, Business Automobile Liability and Physical Damage, Hired and Non-owned Auto & Workers Compensation.
Other commercial insurance policies to consider: Business Income and Extra Expense, Earthquake, Equipment Breakdown, Farm Owners, Flood, Computer Fraud, Employee Dishonesty, Forgery, Money and Securities, Cyber Liability, Employee Benefits, Employment-related Practices Liability, Product Recall, Underground Storage Tank, Stop Gap Liability and Unmanned Aerial Vehicles (UAV) (Drones).
Request a free Poultry Farm Insurance Michigan quote in Adrian, Allen Park, Allendale, Ann Arbor, Auburn Hills, Battle Creek, Bay City, Berkley, Beverly Hills, Big Rapids, Birmingham, Burton, Cadillac, Clawson, Coldwater, Cutlerville, Dearborn, Dearborn Heights, Detroit, East Grand Rapids, East Lansing, Eastpointe, Escanaba, Farmington, Farmington Hills, Fenton, Ferndale, Flint, Forest Hills, Fraser, Garden City, Grand Haven, Grand Rapids, Grandville, Grosse Pointe Park, Grosse Pointe Woods, Hamtramck, Harper Woods, Haslett, Hazel Park, Highland Park, Holland, Holt, Inkster, Ionia, Jackson, Jenison, Kalamazoo, Kentwood, Lansing, Lincoln Park, Livonia, Madison Heights, Marquette, Melvindale, Midland, Monroe, Mount Clemens, Mount Pleasant, Muskegon, Muskegon Heights, New Baltimore, Niles, Northview, Norton Shores, Novi, Oak Park, Okemos, Owosso, Pontiac, Port Huron, Portage, Riverview, Rochester, Rochester Hills, Romulus, Roseville, Royal Oak, Saginaw, Sault Ste. Marie, South Lyon, Southfield, Southgate, St. Clair Shores, Sterling Heights, Sturgis, Taylor, Traverse City, Trenton, Troy, Walker, Warren, Waverly, Wayne, Westland, Wixom, Woodhaven, Wyandotte, Wyoming, Ypsilanti and all other MI cities & Michigan counties near me in The Great Lakes State.
Also find MI local small businesses by General Liability Class Code and learn about Michigan small business insurance requirements for general liability, business property, commercial auto & workers compensation including MI business insurance costs. Call us (313) 344-7177.