Risk Inspections: Who, What & Why

A risk inspection is a proactive meeting between you, your broker, and a trained Risk Inspector. Together, you’ll review your farm thoroughly to identify hazards that could increase the likelihood of a loss or claim. You, your broker, or your insurance company can initiate the inspection. The Risk Inspector will collaborate with you to set a convenient time for the inspection and encourage an open discussion where you can ask questions and gain insights.

The Risk Inspector will meet you at your farm to start the process. They have the training to understand how factors like staff, equipment, and the work environment interact. As they inspect, they’ll uncover potential liabilities that might otherwise go unnoticed. Their goal is to help you reduce risks and prevent loss. During the meeting, they will educate you on the best practices to minimize these risks. You can then work with your broker to ensure you have the right coverage for your farm.

Why Schedule a Risk Inspection?

1. Learn how to prevent losses
2. Identify hazards
3. Reduce or eliminate the risk of loss
4. Verify building valuations

While having someone visit your farm may feel daunting, Trillium Insurance’s professional team of Inspectors will guide you and your broker through every step, ensuring the process is seamless.

What Will Inspectors Look For?

1. Electrical wiring: Inspectors use thermal cameras to detect hotspots that could start a fire.
2. Plumbing: They check any replaced plumbing and look for cracks or damage in older pipes that might cause flooding.
3. Wood-burning appliances: Inspectors ensure proper installation and confirm the appliance has been cleaned and inspected by a WETT-certified professional.
4. Oil tanks: Inspectors assess the condition and age of the tank, since a leak can cause major damage and environmental harm.
5. Injury or liability hazards: The inspector looks for any potential dangers to individuals on your property.

What Happens During the Inspection?

1. Follow your biosecurity protocols: The inspector will follow all necessary biosecurity measures.
2. Electrical inspection: A qualified electrician removes electrical panel covers to ensure a thorough inspection.
3. Property tour: Inspectors walk your property to verify the site layout and building dimensions.
4. Debrief: You will get an immediate debrief upon completion.
5. Written report: The inspector prepares a detailed report for you and your broker with recommendations for loss prevention and quality management.

The report highlights your property’s condition and lists recommendations for improvement. While some of these may require a small investment, they pale in comparison to the costs and disruptions a loss could bring.

To keep your operation on track, develop a checklist based on the inspection’s findings and review it regularly. You can start by using the checklist available on our website here.

This post was originally written for one of our amazing broker partners McFarlan Rowlands Insurance Brokers.