Starting in the business in 1992, we deal exclusively with crop insurance products throughout the State of Ohio, and NW Pennsylvania. We also own and operate a beef/grain farm in southern Carroll County, Ohio - to you, that means we can communicate! We suffer or benefit from the same growing seasons and the same volatile markets as everyone.
This gives us a thorough understanding and perspective of what the various coverage plans can do for you, and importantly, how the costs/benefits relate to you. We pride ourselves on keeping our insureds informed with timely and commonsense explanations of their coverage options. Everyone's operation is different, and it takes a special combination of talents to match the available plans and unit structures to your needs.
This gives us a thorough understanding and perspective of what the various coverage plans can do for you, and importantly, how the costs/benefits relate to you. We pride ourselves on keeping our insureds informed with timely and commonsense explanations of their coverage options. Everyone's operation is different, and it takes a special combination of talents to match the available plans and unit structures to your needs.
Services
Coverage Available: YP - a yield only type of coverage - RP - revenue based products. CAT is the lowest level of YP a 50/55 level where the 50 is the percent of your average production guaranteed, and the 55 is the percent of the set price your loss would be paid at - costs you $300 per crop per county.
There are two basic types of coverage - Yield Protection (YP) with a fixed price - or Revenue Protection (RP) which also protects bushel prices. Both plans have the same base or minimum bushel price which is derived directly from averaging the February close of harvest contracts on the CBOT.
There are private company plans which allow for supplemental pricing using different months to "hopefully" set a higher base price - we haven't found any of those that we'd recommend.YP - This is strictly a yield guarantee. Either plan is based on your own average production - your Actual Production History (APH) - and it guarantees you a selected percentage of that yield.
There are private company plans which allow for supplemental pricing using different months to "hopefully" set a higher base price - we haven't found any of those that we'd recommend.YP - This is strictly a yield guarantee. Either plan is based on your own average production - your Actual Production History (APH) - and it guarantees you a selected percentage of that yield.
The product protects solely for the lack of rainfall for specific locations - and is based solely on NOAA data for the fields. Annual sales closing date of 11/15. You must cover a minimum of two different sets of consecutive months throughout the year. Covered acreage must be reported by the same CLU (Common Land Unit) standards as other MPCI products.
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