Sask crop insurance!

[SASKFARMER3]

Ok who is adding the extra flood insurance. It
takes you from 70.00 to 100.00.
Cost is 1.16 more an acre. 11600 extra for 30000
extra coverage,oh wait take off 5% of the
coverage. So you loose5000. Coverage is really
25,000 extra.

[Hopperbin]

I am not in Crop insurance but by your calculation are you not missing a zero on the 30,000?

[farmaholic]

Based on 1000 acres??

[Hopperbin]

He is basing on 10,000 acres I believe.
Cost just over 10,000 for 300,000 extra in flood coverage.

[farmaholic]

Ooops, bak two skool four me.

[checking]

And guessing that 5% of $30,000, or $300,000 didn't bother you? (loosely speaking, I'd say the fault is with the new math program!!!!!), or economists really are failed mathematicians.

[farmaholic]

Glad someone is "Checking". If I can't be smart, may as well be a smart-ass.

[SASKFARMER3]

Yes you guys are right, Darn new math
round down and round up.
Question is it worth the extra with all
the 5 % deductable etc. One rain from hell
and were back to square one!

[$short]

Depending on which numbers you use.........I
would say yes, go get it!

[riders2010]

Do you guys in Alberta still get to decide whether or not you want insurance after you are half or all done seeding? Bullshit for us to have to decide now! Should be April 30th for everyone.

[groundspeed]

They told me it would cost me 2.00ac for the extra 30. Not doin it.

[freewheat]

I don't think I am going for it either.
The chances of another year of too wet to
seed is remote, I would think.

[fjlip]

$1.07 is for $15 coverage, 2.15/ acre for $30, in our risk area.
Ins person said few are taking the coverage, same with variable price option which costs 5% more premium.