Risk factors involved in horticultural business ventures are often beyond the control of man. Because of this it is all the more important to seek insurance across all areas of your business.
Nursery insurance requirements depend on structure and stock, seasonal impacts based on the geographic location, as well as equipment used. As specialised nursery insurance providers we are well versed in the needs of such companies and our expert team will help you find a policy tailored to your personal needs.
Despite this, many nursery insurance policies will cover you for the following:
- Content and stock
- Premises, equipment, special structures such as glasshouses, igloos or special shades
- Goods in transit – including both stock and contents transported to and from the facility
- Large farm equipment (land-movers, tractors etc.)
- Vehicle insurance to cover delivery vehicles
- Environmental liability
- Public liability
- Employers’ liability
Horticulture relies heavily on natural or simulated environmental conditions and is very sensitive to seasonal changes. It is important for those involved in gardening and nursery to ensure that they are well-insulated from seasonal fluctuations that may result in mass destruction of stock due to fire, floods, diseases or pest infestation. Electrical failures that impact the simulated settings may also form a part of the cover.
Product liability, public and property liability cover ensure that costs of recalling or shelving spoilt or contaminated stock are handled with ease. Employers’ liability cover allows nurseries and food retail spaces to handle concerns and claims related to health and safety conditions at the workplace.
Business interruption cover is mandatory to keep your business on track. This cover basically spans rent of property, equipment and employees’ wages in times of dire need. However, additional cover is also available to relocate the business, usually with an excess payable upfront, given the fragile nature of the business.
Selecting the right nursery insurance with an appropriate level of cover is important to ensure that all risks specific to the produce are adequately covered. Coverage levels should progressively scale up to match the growth of the plants.
Naturally when running a nursery business, most of your time and energy is consumed by customers, employees or stock. We understand you don’t have time to waste which is why we offer a fast and efficient service.