Who can dispute the fact that the loggers and related business holds so much risk potential? Because this industry comprises of activities where damages, injury and even death can occur, not many insurance companies are willing or experienced enough to write correlated policies. As such, only those carriers that offer the specialized coverage are approachable for the industry. About Logging Industry Insurance Logging companies evolve around felling trees in the dense forests, transporting the logs to the saw mills, and everything in between. Related coverage can be acquired from the specialty companies that place a focus on the localities where logging is essential to the populace's economy and associated exposures. These professionals are in the know about the involved complexities of equipment risks as well as the vehicles used for transporting the timber. While liability is at the forefront, the workers compensation aspect is difficult to place and experienced hands-on management is necessary. About Loggers Broad Form Property Damage Liability Coverage In essence, this type of loggers' coverage is a fire coverage insurance form. This insurance guards against risks of 'care, custody and control' in relation to loggers that do their work on land that they do not own or with trees belonging to someone other than themselves. The policy ensures recompense for the physical damage or destruction of tangible property of others. It also incorporates loss of use from an occurrence that directly is related to the work of the loggers and includes expenses from an incident that is directly associated to logging operations. The coverage also incorporates costs associated to firefighting efforts in a fire that was caused by anyone the logging company is responsible for by law. About Insurance for the Wood Products Industries In a broader sense, Any member of the lumber industry - including those that work in wood products - recognizes that insurance coverage is a real necessity. Here are some businesses that need differing types of specialized lumber insurance: • Those that deal with construction materials • Cabinet makers • Manufacturers of doors • Distributors of drywall • Furniture manufacturers • Hardware stores • Manufacturers of laminated beams • Manufacturers of log homes • Lumberyard businesses • Manufacturers of millwork and windows • Pallet builders • Planning mill • Sawmills • Truss manufacturers • Manufacturers of veneer and plywood • Wood preserving businesses • Wood products manufacturers Related commercial enterprises should be aware that not all classes will be approved for workers comp. To find out more about this special insurance, contact an independent insurance agency that has the connections with specialized insurance companies. PRIME Insurance is a three-generation family-run independent agency. We're proud partners with many of the leading companies in the industry - big names such as ACE, AmTrust, ASI, ASSURANT, CHUBB, CNA, Employers, FOREMOST, Liberty Mutual, MetLife, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and more. This gives us the ability to provide all forms of nationwide coverage, including insurance for NJ, NY and PA, at competitively lowest quotes. Visit us on our online insurance website
