Pasture, Rangeland, and Forage Insurance
(PRF)
The Pasture, Rangeland, and Forage (PRF) Insurance product is designed for today’s farmers and ranchers, offering innovative solutions for effective risk management. It utilizes rainfall index data as an objective measure to determine losses and trigger claims, ensuring timely and fair payouts. This product addresses the unpredictability of rainfall and its impact on forage productivity, providing peace of mind for producers. With flexible policy periods, producers can tailor their coverage to align with their operational schedule and the critical growth stages of forage, offering protection when it’s needed most. Our experienced agents are available to offer guidance in optimizing coverage and minimizing risk. Additionally, we provide a range of educational resources and tools to help producers understand and effectively manage their risk with PRF Insurance.
PRF
The Pasture, Rangeland, and Forage (PRF) insurance program offers coverage for your perennial pasture, rangeland, or forage acres. It protects against losses in forage production for grazing or hay, which can lead to increased costs for feed, destocking, depopulating, and other necessary actions.
AVAILABILITY
PRF is available in the 48 contiguous states with the exception of a few grids that cross international borders. Certified organic and transitional organic irrigated hay practices are eligible for coverage.
COVERAGE BASED ON PRECIPITATION
Coverage is based on a lack of precipitation or rainfall using the Rainfall Index area-based plan of insurance.* The Rainfall Index (RI) uses weather data collected and maintained by NOAA’s Climate Prediction Center. The index reflects how much precipitation is received relative to the long-term average for a specified area and timeframe.
*Payments are not triggered by drought caused by windy or dry conditions.
INDEX INTERVAL DATES
You must select at least two, two-month time periods called index intervals in which precipitation is important for the growth and production of the forage species. For more information on available intervals by practice and type, give us a call.