Protect Your Farm’s Inventory with Peak Season Coverage

Ensure your fluctuating farm inventory is protected.

It’s harvest season throughout Ohio. This time of year your work ethic really shines. Long stressful hours of planning and labor finally allow your toils from the summer to pay off.

Could it all be for naught? How would you be affected if we get an instant replay of August 6th when your storage bins are overflowing with grain?

Peak Season coverage provides you additional protection during those times of year when you have higher-than-average inventory of certain items on your farm. This endorsement to your insurance policy can apply to any number of items, whose values fluctuate regularly throughout the farming season, allowing you to always protect your assets properly.

Using Peak Season coverage, you no longer pay more for higher coverage limits which won’t provide value when your inventory levels are low, but will assess higher limits of coverage when the need arises.

Without Peak Season, you’ll find yourself frequently shifting from being under-insured to over-insured—neither of which benefit you.

You’ve worked hard enough during harvest, let your insurance program do some of your heavy lifting and provide higher limits automatically when you need them.

Let your Peak Season endorsement make your life easier. You won’t be bothered anymore adding and removing coverage whenever your inventory levels change.

Adding Peak Season coverage to your farm insurance policy is simple, and should be discussed with your farm insurance advisor when initiating or renewing your protection plan. In fact, every conversation with your advisor should include any necessary adjustments based on your plans and how they have changed since the last time you spoke.

To ensure adequate coverage for your needs, you need to know what time of year you will have an abundance of certain types of farm inventory and products. This includes, among others, seed, fertilizer and other chemicals, livestock, and stored grain. You determine the necessary limits and the date ranges you need extra protection, making Peak Season coverage a fully customizable solution for your operation’s protection needs.

What can I use Peak Season coverage to protect?

• Seed

• Chemicals

• Stored grain

• Additional livestock

Find yourself struggling to plan a timeframe for your added protection? Review your records over the past few years and look for seasonal patterns in your inventory levels. Use that information to reference the dates and required Peak Season limits for adequate coverage.

When deciding on your Peak Season range, accounting for unexpected delays you may experience throughout the year is crucial to maintain proper coverage. Such changes can include weather patterns or storing grain longer for more advantageous market prices.

Your farm inventory is valuable. Peak Season coverage provides a simple and cost-effective solution for the periods when you face an abundance and need to protect it. Thinking of adding Peak Season coverage to your farm insurance plan? Feel free to connect with me to discuss the best way to seamlessly add this valuable coverage to your farm insurance program and enjoy the added peace of mind that it provides.