Farming is an unpredictable business. Weather, equipment failures, livestock issues and other unexpected events can disrupt even the most carefully managed operation. For this compelling reason, many Wisconsin farmers invest in agricultural insurance policies to help protect their livelihoods.
When a covered loss occurs, they expect their insurance company to investigate their claim fairly and provide the benefits promised under the policy. An unreasonable claim denial can place an already struggling farm in an even more difficult position than it was already in.
Addressing unreasonable agricultural claim denials
Insurance disputes involving farms may be associated with storm damage to barns or other agricultural buildings, crop storage facilities, irrigation systems, machinery, livestock, fencing or business personal property. Some policies may also provide coverage for certain business interruption losses or other financial damages resulting from a covered event. Delays in processing a claim can result in serious consequences for farming operations, particularly when repairs or replacements are needed before planting, harvesting or caring for livestock.
In some cases, an insurance company may rely on an overly broad interpretation of a policy exclusion, conduct an inadequate investigation or undervalue the extent of the damage. Wisconsin law generally requires insurance companies to handle claims fairly and in good faith. While insurers have the right to investigate questionable claims, they should not deny valid claims without a reasonable basis or fail to conduct an appropriate review before making a decision.
If you believe that your farm’s recent insurance claim was unfairly denied, delayed or underpaid, and your operations are suffering as a result, it is important to understand your legal rights. An experienced Wisconsin bad faith insurance legal team can review your policy, evaluate the insurer’s handling of the claim and pursue appropriate remedies to which you are entitled.