The crop hail program provides the grower protection against any yield reduction caused by hail and/or fire. The grower may elect to insure up to the maximum limits or the full value of the crop. There are various deductibles available to allow the grower to partially self-insure for a reduced premium cost.
What Is Crop-Hail? What Are The Benefits?
Crop-Hail coverage provides protection against physical damage from hail and/or fire. Other coverages provided include fire department service charges, transit coverage to the first place of storage, catastrophe loss award (most coverages) and replanting coverage (most crops). These options are available, but not all crops. Options exist in some areas for other perils such as wind and theft.
Crop-Hail can be used along with MPCI, CRC or other comprehensive coverages to offset the MPCI or CRC deductible and help provide protection up to the actual cash value of the crop. 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 unit remains unaffected. A loss will not adjusted until the loss reaches at least 5% damage.
If a grower has coverage and bumper crop yields or higher prices become apparent, coverage can be increased during the growing season to cover the value of the crop.
A dollar amount of coverage per acre is selected by the grower. Options with different deductibles may be selected to permit a grower to partially self-insure for reduced premium costs.
Coverage Levels Available
General (No Deductible), XS10IP, XS20IP, XS20, DXS30, DXS50, DXS10 For details on these coveage levels, call 1-877-570-5517
Crop-Hail coverage is available in all states in the United States. Coverages and options vary by geographical area and crop.
Note: This summary is for general illustration only. See policy for program details.
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