Agritourism Insurance and Risk Management - SD Free Event
This two hour class is designed to be an introduction to the risk management and insurance issues related to agritourism and agritainment. Those terms, as the introduction notes, are used interchangeably but share common characteristics: the use of a traditional agricultural enterprise (farm or ranch) for attraction of visitors and generation of income.
The second section is devoted to an overview of the risks attendant to operating an agritainment enterprise. These include increased regulatory oversight and most definitely an increased exposure to premises liability. Of particular note is the change that a shift from farm to agritainment may cause in connection with workers compensation exposures. This section addresses this in some detail.
Basic Course Information
Learning Objectives
- Legal Issues in Agritourism / Agritainment
- Agritainment Risk Management
- Legislation and Cases
- Underwriting – the AAIS Checklist for Agribusiness
- The ISO Forms – Property and Liability
Major Subjects
- The chief objective of the course is to have students gain a wide-ranging sensitivity for the issues they might encounter if asked to insure an agritainment facility or have a traditional farm or ranch move into that business. The emphasis is on getting the forms and coverages right, which is why the seminar ends, rather than begins, with the insurance form discussion. Additionally, a secondary objective is to bring people up-to-date on legal and risk management issues for agritourism.