Farm Insurance

Farm Insurance

When a farm operation suffers a barn fire, not only is the loss felt due to the loss of livestock, equipment and the building, but the family feels the stress and has to then deal with the process of putting everything back together

Colley Insurance -- Your Farm Insurance Expert

Since 1934, the insurance veterans at Colley Insurance have provided Ontario Crop Insurance for big and small farm operations in the Guelph area. We are known as reliable, competent and knowledgeable about Crop Insurance. We keep up on insurance protection related to all of the latest technological advances in the industry.

OMAFRA has assembled the attached booklet giving a 'Best Practices' suggestion of what can be done to hopefully avoid this from happening in the first place.

Please read this report and review your building values, thinking about what you would need in order to ensure you have adequate coverage on the building and all items within should you loose them to a fire.

If you would like a hard copy of this, please give our office a call or complete the form "Reducing the Risk of Fire on your Farm" and we will mail one to you.

    Integrated Explorations Inc.

    We would recommend Colley Insurance to any organization without hesitation

    Teutech Industries Inc.

    They (Colley Insurance) have been able to effectively meet our ever changing requirements, due to our rapid growth, in a professional manner

    Knar Jewellery

    Over the last two decades, Colley Insurance has provided Knar Jewellery with unparalleled service and support.

    Protection For An Ever Changing World

    If you are operating your farm with computerized equipment, have you thought to insure it? This includes soil, weather and crop sensors.

    Are you protected for a financial loss? How about being covered for lost earnings while a part of your business is being restored?

    What about something as seemingly innocuous as a hayride or a haunted house occasionally offered at the farm to generate some extra income? If someone is hurt at one of those events, a standard Farm Insurance policy will not cover it. That could make you the target of a lawsuit you are left unprotected to defend.

    Insurance people call these "protection gaps." Farm operations possess the potential for a lot of them. And any missing sliver of protection not adequately addressed could cost you money, time or even your farm!

    If you are uncertain about what your policy covers; if you have altered your farm processes or are concerned about increasing weather risks to your crop, contact Colley Insurance. There you will discover Crop Insurance experts who will make sure your farm operations stay protected by staunch insurance. In your unpredictable world, we will be your constant.

    The more your assets grow, the higher your liability risks are. No matter how well you’ve covered your bases, sometimes things go wrong. A car accident. A guest who slips and falls on your property. A lawsuit. If you don’t have the right coverage, an unfortunate situation can compromise your financial security and put your personal assets at risk.

    An excess policy responds when the underlying liability limits of your other policies, such as home and auto, aren’t enough to cover the unexpected costs of a lawsuit or accident.

    It is important to note that most Canadian insurance policies carry on average $1,000,000 of liability coverage. This limit can quickly become quickly exhausted and is very frequently limited to North America. The Group Personal Excess policy provided by Chubb Insurance provides up to $5M of worldwide coverage which extends to all dependent member of your house hold and also provides coverage for foreign owned assets.*

    * Territorial restrictions apply: Sudan, North Korea, Iran, Cuba, Syria

    Personal Liability (Homeowners) for bodily injury and property damage in the minimum amount of $1,000,000 per each occurrence.

    Registered and unregistered vehicles in the minimum amount of $1,000,000/$1,000,000 bodily injury and $1,000,000 property damage; or $1,000,000 single limit per each occurrence. Registered vehicles include motorcycles and motorhomes.

    Uninsured and underinsured motorist protection in the minimum amounts of $1,000,000 per each occurrence. This requirement does not apply to the provinces of Quebec or Manitoba.

    Watercraft less than 8 metres (26feet) and 50 engine rated horsepower or less for bodily injury and property damage in the minimum amount of $100,000 per each occurrence.

    Watercraft 8 metres (26 feet) or longer or more than 50 engine rate horsepower for bodily injury and property damage in the minimum amount of $500,000 per each occurrence.

    *The above liability limits must be in USD if the asset is located in the United States.

    Each participant is covered for a $5 million limit of liability, and there is no annual aggregate on the policy.

     

    Your Chubb Group personal Excess Liability coverage provides worldwide automobile rental coverage (subject to a few territorial restrictions), for up to 60 days. You can rent a car while on vacation and have coverage for personal injury and property damage without buying the additional insurance.

     

    Yes. At the time of writing this (November 1, 2017) you would not be covered in Iran, North Korea, Syria, Cuba and Sudan. Please check with us for any changes to these territorial restrictions.

    What do I do if there is an accident?

    Please contact Colley Insurance at 1-888-824-0445 as soon as possible, so we can help you through the claim process.

    Need any help!

    Office: 519-824-4040
    Toll-Free: 888-824-0445
    Fax: 519-763-6839
    customerservice@tgcolley.com
    1 - 34 Harvard Road Guelph,
    ON N1G 4V8