Crop Hail Insurance

About

Crop Hail Insurance product stand out by offering customizable coverage levels tailored to the unique needs and risks of each farmer's operation, ensuring that they have the precise protection they require. We conduct a comprehensive assessment of crop value, which guarantees accurate compensation for any losses incurred due to hail damage. Our knowledgeable agents are always on hand to provide expert advice and support, helping farmers make informed decisions about their coverage options. Furthermore, this product seamlessly integrates with other crop insurance products, offering a holistic risk management solution that covers a wide range of potential threats to a farmer's livelihood.

Dollar Plans

Crop Hail coverage provides protection against physical damage from hail and/or fire. Most hail policies include extended coverages like fire and lightning, theft, vandalism and malicious mischief, and certain perils while in transit and storage at no additional cost to you.

How Does It Work?

A dollar amount of coverage is selected by the producer. Options with different deductibles may be selected to permit a producer to partially self-insure for reduced premium costs.
Coverage is provided on an acre-by-acre basis, so that damage that occurs on only part of a farm may be eligible for payment when the rest of the field remains unaffected.

Production Plans

Production Plan is a Crop Hail insurance endorsement that is coupled with your federally-subsidized MPCI policy, and is designed to provide coverage on the portion of your crop that is left unprotected by your MPCI policy.

Production Plan differs from traditional hail insurance in the indemnity phase. A traditional hail policy pays based on the percentage of damage a crop sustains, while the Production Plan endorsement goes a step further and takes into account the total harvested production. An adjuster will still assess the percentage of damage at the time of the hail loss; however, the final hail loss calculation cannot be completed until harvest when the actual production to count is known.

How Does It Work?

The crop acreage insured under this endorsement must also be insured under a Yield Protection, Revenue Protection, or Revenue Protection with Harvest Price Exclusion policy.
Offered on an MPCI unit basis for select crops at 110 –120% of insured’s APH (check with your agent for crop and modified APH availability).
Insured’s APH and MPCI levels are used to determine the total coverage and premium.
An indemnity payment is based on the actual hail loss and the final production to count.
Coverage terminates December 31 of each year.