farm insurance

amacca

just got a quote for farm insurance (not sure if I can say which company)

in any event...yikes:eek:....I thought they were taking the piss.... it was very much on the high side and I'm going to see if any other companies will do better.

what company is the best...who do people here use?............definitely cant afford the quote I got......my main concern is public liability

but I noticed employers liability is also in there (which is not really relevant to me as I do all my own work at the moment and for the forseeable future... should taking employers liability out reduce the premium much.


also got quoted €250 for third party fire and theft on a mf5455 which will see the road about 10 times in a year if its lucky.....is that a standard sort of rate?

6480

I think that is too much , try fbd

amacca

6480 wrote: »

I think that is too much , try fbd

umm.......I would only that was FBD!

djmc

I have just public liability and tractor used for road insured.
I cut out buildings as the cost outweighed the risk ie. lightning or fire on concrete buildings or slatted sheds are unlikely I dont keep much hay or straw.
any storm damage is small and rare
I dont have any employees but would have insurance if I had someone fulltime
as I would be worried about a claim from them for a accident

ravima

I'd be inclined to have Employers Liability as well as Public Liability, lest there be any dispute as to whether injured man is Employee or Public. If you have someone helping you to do a task, s/he might be held to be an employee and if you have no cover, your sha**ed. Its probably an extra €100/150, but worth it.

amacca

ravima wrote: »

I'd be inclined to have Employers Liability as well as Public Liability, lest there be any dispute as to whether injured man is Employee or Public. If you have someone helping you to do a task, s/he might be held to be an employee and if you have no cover, your sha**ed. Its probably an extra €100/150, but worth it.

tks for advice......out of curiosity do you need employers liability to cover silage contractors, someone to do a bit of fencing (professional), vets and people who may deliver things in a lorry (fertiliser etc)

I heard its not necessary for these as they are considered specialists by law and should be covered by their own insurance?

6480

I ed say the vet would have his own insurance . make sure u have employers liability as it would cover your neighbour helping u move cattle etc ,

jimmydkid

amacca wrote: »

just got a quote for farm insurance (not sure if I can say which company)

in any event...yikes:eek:....I thought they were taking the piss.... it was very much on the high side and I'm going to see if any other companies will do better.

what company is the best...who do people here use?............definitely cant afford the quote I got......my main concern is public liability

but I noticed employers liability is also in there (which is not really relevant to me as I do all my own work at the moment and for the forseeable future... should taking employers liability out reduce the premium much.


also got quoted €250 for third party fire and theft on a mf5455 which will see the road about 10 times in a year if its lucky.....is that a standard sort of rate?

I was with the same insurance company for eight years untill i got a scary quote for the farm, i went to my local broker and saved myself €300 i then moved again the following year and saved myself a futher €120.
I know its time consuming but it def pays to shop around.
My tractor insurance is €112 for a ford 7740 tpft

Kovu

amacca wrote: »

just got a quote for farm insurance (not sure if I can say which company)

in any event...yikes:eek:....I thought they were taking the piss.... it was very much on the high side and I'm going to see if any other companies will do better.

what company is the best...who do people here use?............definitely cant afford the quote I got......my main concern is public liability

but I noticed employers liability is also in there (which is not really relevant to me as I do all my own work at the moment and for the forseeable future... should taking employers liability out reduce the premium much.


also got quoted €250 for third party fire and theft on a mf5455 which will see the road about 10 times in a year if its lucky.....is that a standard sort of rate?

We use FBD but as we have 18+ years with them on no claims with two cars & three tractors, we get a good deal. Also have the houses and shed/stock covered with them. Dad put me on the phone this year when re-quoting, got €400 knocked off it by saying I had another company quote such & such a price. Happy Daddy!:D

redzerologhlen

Karen112 wrote: »

got €400 knocked off it by saying I had another company quote such & such a price. Happy Daddy!:D

And did you have another quote:D

Justjens

FBD or Aviva are the two that specialise in farm insurance, public liability, a must, is based on acreage. Employers liability cover non contract workers, employees, people giving you a hand and is based on wages paid during the year.

Always found FBD expensive (I may now be proved wrong!) Aviva insure my tractors TPFT for around €130 and the JD TPFT with windscreen (essential!) €300.

towzer2010

Mine is €520 for Farm insurance (public liability, sheds) and TPFT tractor insurance for a 05 MF 5455 from fbd. I thought that was ok from some of the other quotes I got.

snowman707

ravima wrote: »

I'd be inclined to have Employers Liability as well as Public Liability, lest there be any dispute as to whether injured man is Employee or Public. If you have someone helping you to do a task, s/he might be held to be an employee and if you have no cover, your sha**ed. Its probably an extra €100/150, but worth it.

I've tried many times to stress the importance of Employer's Liability but it usually gets ignored,
in the event of an unfortunate accident it could mean the difference between you owning your farm or it being sold to settle a claim


OP, if it's possible try a different fbd branch, you don't have to deal with your local I know many customers in this area done this after the last manager retired, and the new guy thought he ruled the world

whelan1

i hate people nit picking over insurance, fair enough you mightnt have a claim this year or in the last few years, but this year could be the year you do have a claim, ring hibernian get a quote, ring fbd back see whats the best they will do

corkcomp

Yeah agree with Whelan1.. fair enough shop around and get the cheapest possible, so long as your comparing like for like. I dont think there is a farm in the country that shouldnt have employers liability insurance, it just isnt worth the risk if the person you have helping you for one day in the year gets badly injured.

amacca

corkcomp wrote: »

Yeah agree with Whelan1.. fair enough shop around and get the cheapest possible, so long as your comparing like for like. I dont think there is a farm in the country that shouldnt have employers liability insurance, it just isnt worth the risk if the person you have helping you for one day in the year gets badly injured.

whats the story if you do not have anyone helping you and you are self sufficient

with the exception of a vet and silage contractors I do all my own stuff

do ye reckon I still need employers liability

could they claim off me if they didn't have their own insurance?

whelan1

its all ifs and buts, but at the end of the day for a few hundred euro, even if you are insured for something you dont need,you have peace of mind... that is invaluable in my book... imagine ,god forbid if there was a claim against you and you didnt have the cover

Kovu

redzerologhlen wrote: »

And did you have another quote:D

Yes, yes I did. From my Mother;)

corkcomp

yeah 3rd party contactors like vets / agri contactors "should" have their own insurance but you'd be better off having employers liability than asking everyone who comes into the yard for their insurance details tbh.

bob charles

my farm insurance runs into K's. Few claims now and again but we go through absolutely everything each year to make sure we are full covered, Anytime I rang anyone else they just couldnt offer the same cover at any price

amacca

bob charles wrote: »

my farm insurance runs into K's. Few claims now and again but we go through absolutely everything each year to make sure we are full covered, Anytime I rang anyone else they just couldnt offer the same cover at any price

not sure how its possible to make a profit at all with

k(s) going on insurance
k(s) going on accountancy
k(s) going on solicitor (occasionally)
k(s) going on water and esb
k(s) going on diesel
k(s) going on silage contractors
k(s) going on veterinary and meds
k(s) going on upkeep and maintenance
k(s) going on fertilizer

etc etc

its leaving very little ks left for me and my time:(

ffs is it just me or are some of the costs above on other farms bordering on reducing the actual farmer to penury while everyone else gets their cut or am I just a crank?

blue5000

amacca wrote: »

not sure how its possible to make a profit at all with

k(s) going on insurance
k(s) going on accountancy
k(s) going on solicitor (occasionally)
k(s) going on water and esb
k(s) going on diesel
k(s) going on silage contractors
k(s) going on veterinary and meds
k(s) going on upkeep and maintenance
k(s) going on fertilizer

etc etc

its leaving very little ks left for me and my time:(

ffs is it just me or are some of the costs above on other farms bordering on reducing the actual farmer to penury while everyone else gets their cut or am I just a crank?

No it's not just you, if the reps 10% cut goes ahead this what I'm applying for;
http://www.welfare.ie/publications/sw27.html