Hail Insurance

Hi! This is Tanya Stimpson with this week’s crop insurance update. This week’s topic is Wheat Hail Insurance and watching for your 2009 spring crop Declaration pages and brought to you by AgriServe Crop Hail Insurance and the Sewell Agency in Chillicothe.
Spring is coming and with that comes storms that can carry damaging Hail. Your multi peril insurance covers hail damage but you have a rather large deductible. For example if you bought 70% coverage on crop insurance the top 30%, which is usually the profit, is not covered. Or you could have a large loss in one or two fields in a Unit and because of averaging your production not be eligible for a loss. Crop hail insurance is simple; if you have hail damage you get paid. Also other coverage’s come with this policy such as fire, some wind and grain in on farm storage. Hail Insurance on Wheat costs about $1.50 per $100 coverage.
Sign up for spring crops is finished up for 2009, You should be receiving in the mail some dec pages that show what coverage’s you chose to carry and your personal information as well. Please take time and look over these forms to catch any errors now so we can get them fixed before the season starts. If it gets to late we might not be able to fix them.
View this update and others online at Blog4020.blogspot.com. Or phone the Sewell Agency at 660-646-4020 your connection to crop protection.