Sandy & Beaver Valley Farmers Mutual Insurance Company - A Brief History
In the early 19th century, industrious settlers were attracted to the rich soil and available water supply provided by the Sandy & Beaver Creeks. These pioneers settled in Lisbon, OH now the seat of Columbiana County, where both farming and related industries began to prosper. A group of farmers associated with the local grange decided to join together and provide insurance against catastrophic events, and in 1879 the Sandy & Beaver Valley Farmers Mutual Insurance Company was formed. In continuous operation since that date, the Company has provided a broad range of farm insurance, expanding into other areas of risk coverage.
Sandy & Beaver writes over 17,000 policies in Ohio, sold by over 250 independent agents. They provide fire extended coverage and specialized packages for: Farmowners, Homeowners, Rental Properties, Churches and other Public Buildings, Mobile Homes, and Low Value Dwellings.
Farmowner Policy
A Farmowner policy provides property and liability coverage for your entire farm. It includes coverage for your dwelling, household personal property, additional living expenses, farm structures, scheduled farm personal property and blanket farm personal property. It can be customized to fit your unique farming operation.
Causes of Loss
The Sandy & Beaver Farmprotector Policy protects your property from these causes of loss:
Dwelling
The dwelling is protected from all direct physical loss with certain exceptions.
Property (includes household personal property, farm personal property, and farm structures)
- Fire or Lightning
- Windstorm or Hail
- Explosion
- Riot or Civil Commotion
- Aircraft
- Vehicles
- Sudden and Accidental Damage from Smoke
- Sinkhole Collapse
- Volcanic Action
- Vandalism or Malicious Mischief
- Theft
- Weight of Ice, Snow or Sleet
- Falling Objects
- Sudden & Accidental Tearing Apart, Burning or Bulging
- Accidental Discharge or Overflow of Liquids or Steam
- Freezing
- Sudden & Accidental Damage from Artificially Generated Electrical Currents
Livestock
- All Causes of Loss listed under Property, PLUS:
- Accidental Shooting
- Attack by Dogs or Wild Animals
- Electrocution
Animal Mortality
Mortality insurance for livestock is available – please contact us for more information on this coverage.
Additional Coverages
- Glass Coverage (Farm Machinery)
- Collision of Farm Machinery
- Borrowed, Rented or Leased Farm Machinery, Implements and Equipment
- Credit Card, Fund Transfer Card, Forgery, and Counterfeit Money
- Backup of Sewers and Drains
- Frozen or Refrigerated Food Products
- Farm Operation Records Expenses
- Farm Extra Expense
Optional Coverages
- Replacement Cost on Personal Property
- Earthquake
- Livestock Additional Perils (freezing in blizzards, drowning, loading and unloading accidents, mechanical breakdown or interruption of power to the equipment controlling the atmosphere in the building confining the covered livestock, collapse of a building or other structure)
- Loss of Farm Income
- Swimming Pools and their related equipment
- Unharvested crops still standing in the field (for perils of fire, lightning, malicious mischief, and vandalism)
This part of your policy covers you against lawsuits for bodily injury or property damage that you or family members cause to other people. It also pays for damage caused by livestock. It pays for both the cost of defending you in court and for any damages a court rules you must pay.
- Custom Farming
- Pollution Liability
- Horses
- Personal Injury (with Optional Replacement Cost on Personal Property)
Optional Liability Coverages
- Increased Pollution Liability Coverage
- Increased Custom Farming Coverage
- Coverage for Additional Horses
- Private Oil and/or Gas Well Liability
- Farm Employer's Liability
- Home Day Care Coverage
- Other Residents of the Household
- Incidental Business Activities Coverage
- Office, Professional, Private School or Studio Occupancy
- Recreational Vehicles (when used off public roads only)
- Waterbed Liability (for tenant farmers)
Umbrella or Excess Liability
You should buy enough liability insurance to protect your assets. If you own property and or have investments and savings that are worth more than the liability limits in your policy, you may consider purchasing an excess liability or umbrella policy.
Umbrella or excess liability policies provide extra coverage. They start to pay after you have used up the liability insurance in your underlying home (or auto) policy. An umbrella policy is not part of your farmowners policy. You have to purchase it separately. In addition to providing a higher dollar amount, they offer broader coverage. You are covered for libel, slander, and invasion of privacy. These things are not covered under standard homeowners or auto policies.
The cost of an umbrella policy depends on how much underlying insurance you have and the kind of risk you represent. The greater the underlying liability coverage, the cheaper the policy. This is because you would be the less likely to need the additional insurance. Most companies will require a minimum of $300,000 on your home and your car, if you own one.
