CROP HAIL - Crop Hail coverage gives you acre by acre
protection up to the actual cash value of
the crop.
Hailstones can fall 100 mph!
Imagine your loss at that speed!!
Millions of dollars are paid each year to
farmers for damage to their crops caused
by hail. This is in addition to any
payment received on the Multiple Peril Crop
Insurance (MPCI) policy or the newer revenue
insurance products, such as Crop Revenue
Coverage, Revenue Assurance or Income Protection.
Hail is the one catastrophe that is most
likely to totally destroy a part of your
crop and leave the rest looking fine.
The part hail takes out may well be less
than the deductible of your Multiple Peril
Crop Insurance (MPCI) policy or it may not
lower your yield enough for a revenue insurance
policy to kick in. Together Crop Hail
and MPCI or revenue insurance policies give
you security and protection to build your
farm's success.
While your MPCI policy protects you against
losses severe enough to significantly drop
the whole farm's yield average, Crop Hail
Insurance gives you acre by acre protection
that can be up to the actual cash value of
the crop.
Companion Hail Insurance
MPCI insureds in Nebraska have an additional
option to purchase a Companion Hail policy
that works with Multiple Peril Crop Insurance
(MPCI) policy for quicker pay-out on hail
losses. With the MPCI policy, there
is a large top-end deductible which affects
coverage for less severe hail losses.
The Companion Hail policy eases the financial
impact of hail damage by covering the deductible
portion of the MPCI policy. In addition,
Companion Hail policies pay losses on an
increasing payment factor so that in most
cases, when MPCI coverage begins, the Companion
Hail policy is paying at 100% (depending
on the level of Companion Hail coverage and
MPCI coverage selected).
Plan Ahead To Reduce Your Worries
Signing up for Crop Hail insurance is easy.
But coverage doesn't begin when you sign
the application. There is usually a
1 day processing period so don't wait until
you see the storm clouds in the sky to call
us. In addition, a hurried decision
will not give you the time to study all of
the options that are available.
