Host John Haskell welcomes Julie Davidson to the podcast today to discuss trends in the insurance industry and how to avoid common insurance pitfalls. They discuss changes to underwriting and the increased use of drone technology, when to use insurance apps (and when not to), and what to consider before making an insurance claim. Julie also highlights the importance of understanding deductibles, especially for comprehensive coverage, and the potential impact of claim frequency on premiums. She highlights the need for proper eligibility checks when switching policies and the possible challenges of insuring in high-risk areas, such as those prone to wildfires.

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In this episode, we cover:

• The increasing use of technology in underwriting, including drones and satellite imagery
• Using insurance apps for checking premiums, coverages, and changing payment methods, but not using them for complex tasks like filing claims
• The importance of consulting agents before filing claims to ensure the best possible outcome and avoid unnecessary claims
• What every rancher should know about transitioning insurance policies
• Insurance eligibility, high-risk areas, and self-insuring

Connect with Julie:

• Send her an email at juliedavidsonhccc@gmail.com

Connect with Ranch Right:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Episode 66. Protecting Your Ranch: Insurance Insights with Julie Davidson
• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

Know your numbers and win. Ranch Right is here to help with all of your financial needs. Click below to book a discovery call today.

Book a free discovery call

SnapLands founder Ryan White joins host John Haskell on the podcast to discuss how their ecosystem services help people manage their land by creating efficient feedback loops between their land and businesses. With Ryan's background in land restoration, he shares why it's important to have a holistic approach to land management by creating a continuous improvement system for natural resources. Ryan and John also discuss the components of SnapLands' Land Management Impact Program and the packages and services offered by SnapLands to help ranchers optimize their land use and profitability. Their goal is to attract future leaders in the ranching industry and ensure sustainable, profitable land management.

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In this episode, we cover:

• The importance of holistic management and thinking about the greater context in land management
• How SnapLands creates an efficient feedback loop from people's lands to their businesses, focusing on increasing profit through optimal resource use
• The external benefits of ranching operations, such as reducing runoff and providing wildlife habitat
• The three packages SnapLands offers and their commitment to educating clients and helping them make informed decisions about their land management practices

Connect with Ryan:

• Check out his website
• Send him and email at support@snaplands.com

Connect with Ranch Right:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

His Cavvy Foundation was established as a way to help families and individuals in the ranching community with serious medical issues. Click below to learn more, apply for assistance, or nominate a family in need.

His Cavvy Foundation

Julie Davidson, an experienced insurance professional, joins host John Haskell on the podcast today to share her farm and ranch insurance insights and considerations for how to protect your ranch. Key insights include the importance of regular policy reviews, the pitfalls of outdated coverage, and the critical role of insurance scores in setting premiums. Julie also emphasizes the need for adequate liability insurance, including liability umbrella and premises policies, and explains the impact of claim frequency on insurance ratings.

Make sure to hit subscribe/follow so you never miss an episode!

In this episode, we cover:

• The role of an insurance adjuster and their involvement during claims
• Challenges farmers face when switching agents or inheriting policies from previous generations
• Basic livestock insurance options, such as coverage for death loss on the road, and why you shouldn't rely solely on blanket coverage
• The necessity of maintaining adequate liability coverage to prevent severe financial consequences from lawsuits
• Several elements that influence insurance scores, such as claim frequency, credit score, and the frequency of changing insurance providers

Connect with Julie:

• Send her and email at juliedavidsonhccc@gmail.com

Connect with Ranch Right:

• Subscribe on YouTube
• Follow on Instagram @ranchrightllc
• Follow on Facebook
• Check out the website

Resources & Links:

• Book a Free Discovery Call to Learn More
• Ranching for Profit
• Ranching.FYI
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

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