WFI Insurance Highlights Significant Drop in Farm Liability Claims
WFI Insurance Highlights Significant Drop in Farm Liability Claims
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WFI Insurance has reported a notable decrease in farm liability claims across most categories, signaling a positive trend in safety practices within the Australian agricultural sector.
The insurer observed a 75% reduction in falls from height over the past year, alongside a 30% decline in impact injuries, marking the lowest level in four years.
These statistics suggest that Australian farmers are adopting more effective safety measures, leading to fewer accidents and injuries. The decline in claims not only reflects improved safety but also has potential implications for insurance premiums, as reduced risk may lead to more favorable rates for farmers.
Despite these positive trends, challenges remain. Heavy machinery and large animals continue to pose significant risks on farms. Additionally, claims related to severe weather events have increased by 32%, highlighting the ongoing impact of environmental factors on farm safety.
WFI Insurance's commitment to promoting safer work practices is evident through its partnership with Farmsafe Australia. By sponsoring the annual 'Safer Farms Report,' WFI aims to raise awareness about farming hazards and advocate for the adoption of safer work practices among farmers.
For farmers, these developments underscore the importance of continuous vigilance and adherence to safety protocols. Implementing comprehensive safety measures not only protects farm workers but also contributes to the overall sustainability and profitability of farming operations.
Published:Friday, 9th Jan 2026 Source: Paige Estritori
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Liability Insurance: Insurance that provides protection from claims arising from injuries or damage to other people or property
