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Reminders from Statewide Ag Insurance 2021

With trending higher crop prices it is important to review your policy by March 15th!

March 15th Deadline For Policy Changes:

  • Entity changes/plan/level/unit structure/new crops/counties/options/adding PP buy up
  • New/transfer policies
  • Planting intentions for new counties/prevented planting purposes
    • Can do intentions for second year farming in county
  • New breaking written agreements
  • Beginning Farmer Rancher/Veteran
  • New entities require AD1026 filed at FSA for conservation compliance
  • Multi-county Enterprise Unit
  • Enterprise Unit by Practice
  • Whole Farm Revenue Protection

ECO

The Enhanced Coverage Option (ECO) is a new crop insurance endorsement that provides additional area based coverage for a portion of your underlying crop insurance policy deductible
QLO - Quality Loss Option

Option allows exclusion of a quality loss adjusted yield from an APH where quality loss did not trigger an indemnity and replaces it with higher actual yield

Reminder Native Sod Converted After Dec. 21, 2018

  • Must have an insured crop on it for 4 years
  • Approved yield of 65% of t-yield for 4 years
  • Premium subsidy reduced by 50 percentage points

Thank you for your continued confidence in Statewide Ag Insurance!

Statewide Ag Insurance

605-234-6086/800-999-2767

www.statewideag.com

Statewide Ag Insurance is an equal opportunity provider/employer

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