Whether or not you should purchase a crop-hail insurance policy for your fields depends on a number of factors. Let's take a closer look.
- Where is your farm located? Large, destructive hail is more common in some regions of the country than in others. Research how often hail has struck your area and how large and severe the hailstorms have been.
- What do you grow? Certain crops are much more susceptible to hail damage than others (for example, this summer vineyards across Europe were devastated by hail). Learn about how fragile your crops are in the face of significantly large-sized hail.
- Do you need other aspects of crop hail coverage? Crop hail insurance policies often cover more than just hail damage. Many policies also cover wind, lighting, fire, vandalism, and some transportation damage. Even if hail is not a common danger, you may wish to protect against these other loss events.
- Would crop hail insurance save you in the long run? Investing in an insurance policy may be well worth the money if your crops are damaged by any of the events listed above. In many cases, your investments now will pay off if you need to file a claim in the future.
It is important to note that hail damage is not covered under the Federal Crop Insurance Program. If you do not have a specific hail-crop insurance plan, you likely do not have protection against hail damage. Be sure to carefully read all insurance contracts related to your business and property so that you have a clear understanding of your coverage in the event of severe weather or other damage.
Do you have questions about your hail damage crop insurance claim? Contact the Voss Law Firm today to speak with an agricultural claims attorney and get answers: 888-614-7730.