While logging is a major industry in the United States, employing a large number of men and women, it is one of the most dangerous occupations. Therefore, it is critical that anyone involved in the logging and the creation of lumber wood products is well trained and covered by comprehensive insurance.
Choosing an Insurance Plan
The industry of logging encompasses the cutting, loading, and processing of timber products. Employees work with machinery and tools in outdoor environments and sawmills. Due to these varying degrees of work, any insurance plan for a logging company should be comprehensive and cover all aspects of the logging industry. When deciding upon an insurance plan for employees working with lumber wood products, in the sawmills, or out in the forests logging trees, it is important to make sure the plan includes:
- Coverage for employees working with manual and mechanized cutting operations.
- Coverage for employees harvesting, loading, and storing lumber.
- General Liability Coverage
- Accidental overcut
- Timber trespass
- Property damage to others
- Damage to railroad cars and automobiles not owned by insured.
- Workers Compensation
- Transportation coverage
- Equipment coverage
Well-Trained Employees Minimize Risk
Another component to keep in mind is the training of employees. Many insurance companies for the logging industry include training for employers to minimize losses and increase their employees’ knowledge of safety protocols and procedures.
While the profits of lumber wood products continues rise, so will the risk for injury and loss. Therefore it is important for those involved in the logging industry to protect their employees and company with comprehensive and complete insurance.