Time to start 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 part 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 Fire insurance as well. 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. Here are a few: immediate cash flow relief, peace of mind, hail insurance is one of the lowest input costs per acre, you have very high input costs, insure to reflect crop values.
Private Hail Insurance companies will only insure to a maximum amount of dollars per township. Due to high values in crop prices you are advised to consider buying your hail insurance early this year before your township fills up! It is expected that areas will close out fast!