Showing posts from November, 2018

Recent Jury Verdicts Confirm Your Liability Insurance Likely Not Enough to Save Your Farm

If there is one thing I wish I could get clients to understand is the fact that even if your farm has liability insurance, you are likely under insured with your current liability coverage.    Essentially, if you have a million dollars of coverage, or several million, the coverage is peanuts now days.   How big a bag of peanuts? Well, here in Indiana we recently had a whopping 35 million dollar verdict against a defendant for causing an accident that left the plaintiff a quadriplegic.   Similar verdicts have been handed down across the country as of late.    You can read about it here:    As one attorney stated “ jurors are increasingly less offended by requests for million-dollar-plus verdicts”    Whoa.   Wasn’t it not too long ago society was up in arms about a woman in Texas getting several million for being burned by hot coffee?   It sure was.   But,