The following information is provided by Nationwide®, the #1 farm and ranch insurer in the U.S.*
With the growing number of truck and vehicle fleets being maintained on today’s large farms, farmers face increasing work in keeping track of every worker and machine. While that evolution opens up new risk exposures, safety is just one of the value propositions that makes telematics a worthwhile addition to any large farm operation.
Telematics is a collection of sensors that collects vehicle operation data and displays it on a mobile app or desktop web browser. It allows you to keep track of your fleet’s operation and manage maintenance and upkeep. It also provides a view of driver behavior and helps maintain a safe, attentive workforce on the road and in the field. In short, telematics enables you to keep tabs on everything that contributes to productivity and efficiency as well as potential risk exposure.
“Telematics generates data just like farmers get from their yield monitors in the field,” said Nationwide Agribusiness Senior Risk Management Consultant Brian Hammer. “During harvest, you used to have to call the grain elevator to find out if your driver had unloaded grain yet so you could plan around the trip back to the field. With telematics, now you know where your truck is in seconds.”
Telematics can generate value three ways:
Hammer said any farmer who’s got multiple trucks on the road should consider how telematics can help operate more safely and efficiently.
“Telematics is common in the commercial trucking industry, and we’re taking what we have learned there and applying it to the farm,” he said. “Farmers are already accustomed to generating and managing data. Telematics is another tool to help farmers make informed decisions to improve their efficiency and productivity.”
Learn more about Nationwide agribusiness insurance at www.nationwideagribusiness.com. Find a Nationwide Farm Certified agent at www.farrmagentfinder.com.
*A.M. Best Market Share Report 2019. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. © 2021 Nationwide.
At Southern States ®, we are proud to be a farmer-owned cooperative. Southern States has partnered with Nationwide ® to offer Southern States Cooperative member-producers in North Carolina and Virginia special discounts on farm insurance. In addition to giving you exclusive insurance savings, we're also joining forces to support the cooperative that means so much to you.
Nationwide® Agribusiness is the number 1 insurer of farms in the U.S. and a leading insurer of commercial agribusiness. Go to nationwide.com/southernstates to find a local agent.