Preparing for Summer Storms: Elders Insurance's Advice to Farmers

Between January 2023 and November 2025, analysis of storm-related farm insurance property claims revealed that nearly half of all claims were lodged during the summer months. Specifically, the 2023-2024 summer accounted for 47% of claims, while the 2024-2025 period saw 41% of claims during the same season. This trend highlights the recurring nature of summer storms and their substantial impact on the farming community.

The financial repercussions have been considerable. In 2024, claims paid out totaled approximately $92.14 million, nearly doubling the $55.85 million disbursed in 2023. The average cost per claim during the 2024-2025 summer was around $24,000, with summer claims constituting about 53% of the total payouts over the 12-month period ending in November 2025.

Critical farm infrastructure has borne the brunt of these storms. Common claims involved damage to sheds, fencing, solar panels, and immobile machinery-essential components that, when compromised, can disrupt operations for extended periods. The time required to repair or replace such assets can be lengthy, further affecting productivity and profitability.

Geographically, New South Wales and Queensland were the most affected states during the 2024-2025 summer, accounting for 35% and 30% of lodged claims, respectively. Victoria and Western Australia followed, with 15% and 11% of claims. Within these states, regions such as Riverina, Far North Queensland, North East Victoria, and Perth Hills experienced significant storm impacts.

In light of these findings, Elders Insurance General Manager Dale Gleeson emphasized the importance of preparation. He noted that storm activity typically peaks over summer, and such events can be both costly and disruptive for farmers. Damage to critical infrastructure like sheds, fencing, or machinery can halt operations, especially during peak production periods, leading to a domino effect on productivity and profitability.

To mitigate these risks, Elders Insurance recommends several proactive steps:

• Roof Maintenance: Regularly inspect roofs for leaks, loose tiles, metal sheets, eaves, and screws. Ensure gutters, downpipes, and drains are clear to prevent blockages and enhance storm resilience.
• Fencing Inspection: Pay close attention to vulnerable sections near trees or watercourses, ensuring they are well-maintained.
• Solar Infrastructure Protection: Confirm that solar panels and inverters are securely mounted and equipped with surge protection.
• Water Tanks and Pumps: Anchor tanks by filling them with water and inspect electrical components to improve storm resilience.
• Sandbag Preparation: In flood-prone areas, have sandbags ready to safeguard homes and sheds.
• Contingency Planning: Identify backup suppliers, alternative storage options, and emergency contacts to maintain operations if severe weather causes major disruptions.

Additionally, insights from a group of Elders Insurance broadacre farm customers revealed that 90% ranked weather-related events as their top concern, surpassing market volatility and machinery failure. Nearly half admitted to lacking a contingency plan for major disruptions, highlighting the necessity for proactive planning before summer storms intensify.

In conclusion, the data underscores the critical need for Australian farmers to prepare for the upcoming summer storm season. By implementing the recommended measures, farmers can enhance their resilience against potential damages, ensuring the continuity and sustainability of their operations.