2017 Power Show Ohio highlights

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Going on today, Power Show Ohio is the area’s largest indoor show, with more than 200 exhibitors displaying products and services from more than 500 companies. This three-day event gives attendees access to the newest in the power equipment industry including agricultural, construction and outdoor power equipment.New at the show this year, Ohio Farm Bureau and industry partners are presenting Technology in Agriculture at Power Show Ohio. The dynamic interactive display will:• Demonstrate how farmers use technology to manage water quality, soil and nutrients.• Demonstrate how farmers use cutting edge technology like solar, drones, GPS and robotics to best manage our natural resources.• Displays will include activities for all ages, including a combine simulator, an augmented virtual reality landscape, solar power, drones, and more.Friday, Jan. 27 is Farm Bureau Member Appreciation Day and any Farm Bureau members that attend the show can receive special giveaways. Members that attend on Jan. 27 will receive refreshments and may enter to win a drawing with prizes valued up to $2,500.In addition, Nationwide Insurance will have a presence at the show as well. Dale Minyo caught up with Paul Hall, of Paul Hall and Associates – Nationwide Insurance, at the trade show and learned about what farmers need to be looking at in terms of managing their risk.“You have to do a whole review of the actual farm operation. Last week I was with a guy who had an excellent farm product but he only had $100,000 liability coverage on his semi when it should be more like $1 million or $2 million,” Hall said. “He could lose the whole operation with one simple accident. He had never looked at the farm vehicles, but you have to look at every aspect of the operation.”Areas of risk including pollution liability or worker’s compensation are often not properly insured on farms.“There is a lot of risk out there and if we don’t take the time to look at this, it quite often goes on exposed, Hall said. “With livestock, what if they get on the road or if they bite someone at the fair? Are you covered for on-premises liability or off premises liability? A risk most people don’t think about is that if your brother-in-law is bringing you home a battery and he gets in an accident, who’s fault is it? Guess what? It’s the farmer’s fault because he was bringing you the battery. That battery had nothing to do with the accident, but the liability comes back on the farm. You may want to look at non-owned auto coverage. Insurance companies are always looking for ways to not pay claims. That is just life. If the police report from the accident says they stopped to pick up a fan belt or a battery, and the insurance company says, ‘Well whose fan belt was it?’ The door is open and there you go.”Another area of concern is health insurance as costs continue to rise.“It is not unheard of to have $1 million in health insurance costs and then you lose the farm,” Hall said.Here is more from Hall.Paul Hall 1-26-17last_img

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