Rough weather is a fact of life, but for farmers it’s often a potential threat to their livelihood. Wind and hail in particular can be hard to predict
Wind and Hail can be capriciously devastating to crops, destroying whole areas of a field in a matter of minutes and leaving others unscathed. When only a smaller portion of the crop is lost, you may not meet the threshold for a crop insurance claim. A wind and hail supplement, also known as crop-hail insurance, can help bridge the gap and protect your farming operation from the whims of Mother Nature.
How Does a Wind & Hail Insurance Supplement Work?
While all policies are different, generally speaking a Wind & Hail Insurance Supplement complements a MPCI policy by covering potential spot losses that might be too small to meet the main policy’s deductible. Another key difference is that while MPCI policies can only be purchased at certain times of year, supplemental wind and hail coverage is available throughout the growing season.
Generally speaking, a wind & hail supplement can cover other risks like fire, lightning, and vandalism, but usually does not cover risks like frost or drought. There are also specific endorsements you can purchase, like Green Snap coverage, which protects against losses from the severing or breaking of stalks in a windstorm. Our agents can walk you through the different coverage and deductible options available and how they work.
What Does a Wind & Hail Supplement Cost?
The cost of a wind and hail supplement varies, of course, by location and the types of crops that need protection. Unlike a MPCI, a wind and hail supplement is not part of the USDA’s crop insurance program and premiums are not subsidized. Generally speaking, though, because they’re uniquely targeted to specific acres and types of damage, wind and hail supplements are often relatively inexpensive.
Get in touch with our agents today to learn more about the different options and to find coverage that works best for your location and the types of crops you’re growing.