Are you thinking about protecting your investment in the field! We have had a great start to the season. Crop values are looking exceptional this year. Many farmers are predicting a record year!
Is your current hail insurance coverage sufficient…Can you afford to lose any of this year’s crop?
The two greatest risks that you have to losing your crop this summer are Hail and Fire loss. Crop Hail Insurance provides protection from both of these risks. Also, it is important to recognize that this program provides coverage on a “spot loss” basis.
There are many reasons why you should consider buying crop hail insurance coverage to full crop values. Here are a few: large investment, immediate cash flow relief, peace of mind all summer long, very low per acre input cost.
It is going to Hail this summer and just like you, the hail companies do not know where, therefore they only sell to a maximum dollar amount in each township. This spreads their risk. Due to high values you are advised to consider buying your hail insurance sooner rather than later before your township sells out! Once it sells out, you can buy from another company but likely at a higher price.
Be sure to seek advice and purchase insurance from those who understand your business!