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Staying Covered: Smart Insurance Moves for Ranchers in a Changing Market [episode 70]


header graphic Staying Covered: Smart Insurance Moves for Ranchers in a Changing Market [episode 70]

Listen to Staying Covered: Smart Insurance Moves for Ranchers in a Changing Market on: Apple Podcasts | Spotify | Your platform of choice  



Insurance might not be the most exciting part of running a ranch, but it can make or break your operation when things go wrong. In this episode, host John Haskell sits down with Julie Davidson, resident insurance expert, to unpack smart insurance moves and what every rancher should know about coverage, deductibles, and managing risk in a shifting market. Julie explains how rethinking your deductible could save you serious money, how to weigh the pros and cons of filing a claim, and what to look for when choosing between replacement cost and actual cash value coverage. Whether you’re protecting your ranch, your vehicles, or your home, this episode will help you stay covered (and smart), no matter what the market brings.


In this episode, Staying Covered: Smart Insurance Moves for Ranchers in a Changing Market, we cover: 

  • Why reviewing your policy regularly can reveal hidden savings

  • How to balance premiums and deductibles for your unique risk tolerance

  • The difference between replacement cost and actual cash value coverage

  • Tips for handling claims, documentation, and negotiation with your insurer


Meet Julie Davidson:

Julie has over 20 years of experience in the insurance industry, including many years as a Claims Specialist, where she handled complex liability, farm/ranch, commercial, and property casualty claims. For the last several years, she has worked as a producer, licensed in four states, specializing in farm and ranch coverage. She has also spent most of her adult life immersed in the world of Ag, including many years on the leadership team of a large implement dealership group, many years handling the books and business aspects for a large cow/calf operation, and, of course, the best part, general labor in the great outdoors, processing, feeding, etc. She has three children, two are grown and living in TX, and the youngest is about to start his senior year. They all love spending time hiking, fishing, and exploring the Bighorn Mountains.

  

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More about the Ranchonomics podcast:  

Welcome to Ranchonomics, where we empower you to build a better ranch and transform your operation into a thriving business. This podcast is brought to you by Ranch Right LLC, and together we will look at essential strategies, mindsets, and processes needed to take command of your financials and master the business metrics that make all the difference. If you are ready to start winning at ranching, then you are in the right spot. 


With each episode of Ranchonomics, you will hear inspiring success stories, gain simple yet powerful financial literacy tips, and listen to insightful interviews with industry experts and real-life practitioners. 


Whether you are a seasoned rancher or just starting out, we believe that managing a ranch shouldn't mean drowning in paperwork or missing out on valuable opportunities. Our mission is to help you see the link between your daily ranching operations and your financials that allow you to go from chaos to clarity and achieve your goals. 


Join us as we explore the intersection of ranching and finance, helping you understand your numbers and make informed decisions that propel your business forward. 

Subscribe now and start your path to a more profitable, less stressful ranching experience with Ranchonomics. It's time to harness the full potential of your operation. 

 

Make sure to hit subscribe/follow so you never miss an episode! 

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