Crop-Hail and Multi-Peril Insurance Coverage

Farmers and ranchers may raise livestock, or grow large quantities of barley, wheat, corn, or soybeans. Whether they operate on a small scale as an organic enterprise, as a contractor for a wholesale grocery store, or for a multinational corporation, they need to have dependable multi-peril insurance coverage (MPCI) and crop-hail insurance coverage.

Crop, Hail and Multi-Peril Insurance

In case of an animal or insect infestation, or damaging weather conditions like a late-season freeze, drought, hail, or flood, in order to maximize profitability for their business and recover after a disappointing annual yield, they need quality crop insurance coverage. An experienced independent insurance agent will assist farmers and ranchers in selecting a policy that fits their operation’s needs.

The process of choosing crop insurance, and particularly MPCI and crop-hail insurance, can be confusing. There are numerous options for crop-hail, and multi-peril insurance coverage, and policies are offered by many different insurance companies. To help farmers and ranchers sort through the various kinds of commercial crop insurance available for purchase, and select a policy that affords the proper protection for their products and business, they should reach out to a local independent insurance agent. A seasoned independent insurance agent, familiar with the concerns of local crop producers when it comes to securing crop insurance coverage, will guide them in finding a policy that is right for their business.

Damaged Crop Insurance

In the course of working with a licensed independent insurance agent, farmers and ranchers should expect that the agent will want to meet with them to discuss specific information about their farming business. She will probably request to visit their farm, or ranch. In evaluating the MPCI and crop-hail insurance requirements of a particular farm, an independent commercial insurance agent will also want to discuss the various crops grown by a business, and the average annual gross production of a farm.

Farmers and ranchers can anticipate that a local independent business insurance agent will ask about whether they raise livestock, and if so, if they need a livestock insurance policy. She may also discuss how crop insurance reporting works, and how farmers can use computer software to map out their crop production areas for reporting purpose. An independent insurance professional will discuss the risk exposures unique to a particular crop farming operation, and she will help farmers and ranchers consider how to best manage those risks through MPCI and crop-hail insurance coverage.

Even though many crops grow only during one or two seasons of the year, a local independent insurance agent will serve as a valuable resource for farmers and ranchers on an ongoing basis. She will be available year-round to discuss questions about MPCI and crop-hail insurance coverage, and she can assist business owners in supplementing their existing crop insurance, or buying a new policy at any time.

Other Enhanced Insurance articles related to Farm Insurance:

Farm Insurance As a Way of Life

Where Can You Obtain Farm Insurance

Commercial Agribusiness Insurance

Farm Insurance

Animal Mortality Insurance

Dairy Farm Insurance

Farm Equipment and Auto Insurance

Animal and Livestock Insurance

Farm Family Insurance

Federal Crop Insurance Act

Federal Crop Insurance Rates

Farm Mutuals

Enhanced Insurance is not written by attorneys. If you’re looking for legal advice, you need to contact a lawyer. Further, insurance practices and forms change constantly and are varied from state to state. For definitive answers in your area, contact a local agent.

While the majority of people want an agent involved in their purchase of insurance, many people want to see if they can save money by buying direct from the insurance company. Others want to try a direct quote to make sure the premium they’re now paying through their local agent is fair. If you want a quote for your coverage, click on the competitive quote button on the right side of this page.