The Good the Bad and the UGLY with Insurance!

[SASKFARMER3]

I guess their is nothing for free.
Adding another 100000 bill to the farm that some years peas win some canola wins and some times wheat wins so probably stick with what's worked.
Even the year it froze canola did better on high land and yielded well frost cooked the cereals. Peas made out not bad.
Ah farming.

[ajl]

When I looked at GARS the premium was around 17 bucks an acre and the probability of them paying out was less the probability of hitting the 6/49 jackpot. Gars and INPT are for the mathematically challenged. In AB the formula is 60% crop insurance with hail endorsement, cash in the bank, and some inventory. That will be the winner over the long run.

[blackpowder]

Likely also depends on your cropping area. Ive heard coverage/cost in the special areas thru afsc doesnt work well.

[SASKFARMER3]

It seems like most insurance. Sounds better than is. Had a hail storm last summer hit house in city phoned the insurance company and they said I didn't change shingles in last 5 to 10 years so no coverage. The house was new 10 years ago. I guess 25 year shingles aren't worth the money you spend.
They didn't send back my premium for hail.

[Guest]

sf3 , your ins agent is stringing you along . shingles are definetely covered . we got ours changed by sgi for nothing after 17 years , they were real good about it . I was surprised not even any depreciation

[abeorike]

time to find a different insurance company

[Guest]

sf3 , your ins agent is stringing you along . shingles are definetely covered . we got ours changed by sgi for nothing after 17 years , they were real good about it . I was surprised not even any depreciation

[sumdumguy]

Since we are talking about insurance companies, each company covers you differently if you have replacement cost insurance. We were hit really badly 2 years ago near Balgonie. after many months of dicking around with three different companies, I realized I was being BS'd by a couple of them. one company said it was the law that they cash you out for total value, even labour and paid up. Then the yard and machinery insurance companies, different story. After about 3 months I got tired of the 2 appraisals on every item, machinery quotes crap and hired a personal property appraisor ( CPPAG website) who specialized in farm property. Presto - replacement value confirmed with no hassle, no more begging for quotes and looking for lost pieces of tractor hoods - Done, should have gone that route and saved myself a pile of grief. See, even old dogs can learn new tricks.

[SASKFARMER3]

Were with Cooperators maybe that's the problem. Ill check but mine were F$K3d any way so got new.

Now insurance is insurance its about betting you and a 100 other guys will have no problem to pay a small percentage to the guy that did.