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Wednesday, March 18, 2009

March Crop Insurance Update

Hi, this is Lonnie Sewell with this week’s crop insurance update, brought to you by the Sewell Agency in Chillicothe, Missouri.

Well, I hope you checked with your agent and have your crop insurance lined up for this year. If you did not or did nothing, you will have the same coverage you had in 2008 - which may be the exact thing you would have done if you had reviewed your coverage. Most of our farmers stayed with the Revenue Coverage and several went up a level, due to the lower crop prices.

A few went with the highly subsidized Enterprise Unit this year, which is a sizeable discount for combining all of your optional and basic units together. The RMA gives this discount because it greatly reduces the risk of paying a loss.

Remember, if you are bringing new ground into production this year, a Request to Insure must be filed, unless it was CRP. That means, any hay and pasture land to be farmed.

This update was brought to you by the Sewell Agency in Chillicothe. Insuring crops all over North Central Missouri.

For more information, phone 660-646-4020.

Your Connection to Crop Protection.

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