Why do so few carriers write logging or lumber insurance policies?

Carriers don't understand the unique risks associated with these operations.  It's simply easier for them to decline writing policies than learning about the industry.

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Why are workers' compensation rates for lumber/logging operations so much higher than other businesses?

Lumber and logging rank in the top 5 for the number and severity of workers' compensation injuries.  These statistics drive the price of premiums up significantly.

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Why are my existing rates so high for property and mobile equipment coverage?

The lumber and logging industry's greatest risk for loss in either of these two categories is fire.  It's rare to have a "partial" fire loss.  Fire claims are always more expensive for a carrier to settle.

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Would an insurance company actually provide a policy to a logging operation that excludes "Lumber and Logging Operations"?

Yes.  This is exactly the reason that lumber and logging businesses need to work carefully and closely with a knowledgeable agent.  At Hummel Group, we are dedicated to helping those in the industry find gaps just like this to ensure they are covered.

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Why can't my current agent find one carrier to handle all of my needs?

Most agents and brokers know very little about this industry, and so the carriers that do write policies for lumber and logging are not comfortable working with them.  These specialty carriers prefer to work with agents that have the experience - like Hummel Group- and clientele to guarantee a smooth policy writing process.