Forestry Insurance Policies We Offer
Organizations that operate in the forestry industry need specialized insurance coverage that isn’t always offered through a typical business insurance plan. Outlined below are some of the forestry insurance coverage options we provide here at Burton & Company:
Workers Compensation Insurance
Logging can be dangerous work, as employees are regularly exposed to various hazards. Our worker’s compensation policies provide medical and rehabilitation benefits to any of your employees who become sick or injured on the job. It is a no-fault system that can also offer lost wages should employees need to miss work while they recover.
If one of your employees gets hurt while working, you’ll want to ensure you have proper coverage to help them make it through a difficult time as they heal while protecting your business from lawsuits.
General Liability Insurance
General liability protects your forestry company from any property damage or bodily injury claims brought against you by a third party. When working with nature, injury or accidents can come from anywhere.
Forestry coverage includes a variety of policies that can be arranged to meet the industry’s unique needs. The amount of coverage you receive is wholly determined by your forestry company’s selection to create the most value for your investment.
Commercial Property Insurance
Commercial property insurance protects logging professionals’ physical assets from damage due to storms, vandalism, theft, burst pipes, explosions and other hazards. This includes facilities, equipment, product inventory, personal property and materials. Regardless of whether your assets are compromised within a warehouse or out in the woods, commercial property insurance for forestry companies will have you covered.
Ensuring the integrity of your equipment and facilities is crucial. Without insurance, your business may find itself losing on potential revenue because of unforeseen circumstances.
Commercial Auto Insurance
Forestry and logging work involves using a variety of vehicles such as road tractors, stake body trucks, service trucks and private passenger vehicles. Whether you’re renting, leasing or owning the vehicles, investing in a commercial auto insurance policy protects those assets used for conducting business.
A commercial auto insurance policy will cover physical damages, liability risks, medical payments, rented vehicles, uninsured motorists and other types of coverage in the event of a collision or accident. This may not only cover damages done to the vehicle but also damages done to the property to people by the vehicle.
Inland Marine Insurance
An inland marine policy will cover your equipment for damages due to fire, theft and vandalism, and also covers equipment, when it’s in transit or storage outside of your primary business location.
Traditional property insurance will typically cover assets within your property and up a certain distance agreed to by the policy. Any assets outside of the policy’s agreed location are typically not covered. Inland Marine Insurance fills in the coverage gaps to ensure complete protection of those assets, so long as the asset is traveling over land and between business locations.
Commercial Umbrella Insurance
Commercial umbrella insurance is a form of added coverage that can give you another layer of protection by covering the costs that go above the coverage limits you have on other policies. Commercial umbrella insurance can cover the same types of costs as other business insurance like medical expenses, attorneys fees, and other litigation fees.
It’s important to note that commercial umbrella insurance and excess liability coverage are not the same. Excess liability coverage extends a policy’s coverage while commercial umbrella insurance is added on top of your traditional business coverage and the excess liability coverage.
Contact The Forestry Insurance Professionals At Burton & Company
Plan for all the potential hazards your forestry business faces with proper insurance. Get in touch with Burton & Company today, and our experienced agents will put together a tailored plan that addresses your risks for the ultimate peace of mind. To get started, reach out to us by phone at (888) 652-1325 or request a quote online to discuss your organization’s forestry insurance coverage options.