Host John Haskell welcomes Julie Davidson to the podcast today to discuss trends in the insurance industry and how to avoid common insurance pitfalls. They discuss changes to underwriting and the increased use of drone technology, when to use insurance apps (and when not to), and what to consider before making an insurance claim. Julie also highlights the importance of understanding deductibles, especially for comprehensive coverage, and the potential impact of claim frequency on premiums. She highlights the need for proper eligibility checks when switching policies and the possible challenges of insuring in high-risk areas, such as those prone to wildfires.

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In this episode, we cover:

• The increasing use of technology in underwriting, including drones and satellite imagery
• Using insurance apps for checking premiums, coverages, and changing payment methods, but not using them for complex tasks like filing claims
• The importance of consulting agents before filing claims to ensure the best possible outcome and avoid unnecessary claims
• What every rancher should know about transitioning insurance policies
• Insurance eligibility, high-risk areas, and self-insuring

Connect with Julie:

• Send her an email at [email protected]

Connect with Ranch Right:

• Subscribe on YouTube 
• Follow on Instagram @ranchrightllc 
• Follow on Facebook 
• Check out the website

Resources & Links:

• Episode 66. Protecting Your Ranch: Insurance Insights with Julie Davidson
• Book a Free Discovery Call to Learn More 
• Ranching for Profit 
• Ranching.FYI 
• Wally Olson, Olson Ranch LLC

Mentioned in this episode:

At Ranch Right, we help producers slow decisions down just enough to see the real tradeoffs: cash flow, risk, and long-term impact. Better information leads to better decisions—and better sleep.

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