Hail Insurance

[ajl]

Not entirely sure how sk/mb crop and hail insurance work... if you are going to take hail insurance in ab at a respectable level, especially on specialties, its worth taking the hail rider option on crop insurance. My wife's aunt works at AFSC and she says that many in the hail zone, take the rider on crop insurance, even though likelihood of a crop failure is very low because rates are 15+% on straight hail, and 1.5x on peas/lentils, and 1.75 on things like mustard.

5 townships im in are 7%, one is 6 if i recall... in my instance, to get the same spot loss crop insurance would have offered, would cost 60% of the cost of straight up crop insurance. They claim they are only charging you 37% of the rate, and it is spot loss. If it hammered enough of your acres of one crop, and drove it into a claim position, then you stand to get paid twice.

You do not get paid twice with a hail rider. You only get paid to maximum indemnity so if you get 100% damage due to hail, you get paid the crop insurance value of the crop which would have happened anyways if you had a zero yield for any other reason like drought etc. With hail rider, you just paid more premium. Hail rider works for spot loss but is only an advantage when you harvest at least your crop insurance guarantee from what is left. Have had crop totally demolished with a hail rider on it and that is how it works. Need straight hail to get paid twice.

[Oliver88]

We got hailed out like last nights storm back some 10 years ago on about 21 quarters at this time of year.

The adjuster handed me a text from management that said no payments they were evaluating what would come back and pay later.

I just about lost it.

They usually come back in one month to inspect again than pay at that time.

At this time of year a payment for cereals is very unlikely and for canola 25% max.

[helmsdale]

You do not get paid twice with a hail rider. You only get paid to maximum indemnity so if you get 100% damage due to hail, you get paid the crop insurance value of the crop which would have happened anyways if you had a zero yield for any other reason like drought etc. With hail rider, you just paid more premium. Hail rider works for spot loss but is only an advantage when you harvest at least your crop insurance guarantee from what is left. Have had crop totally demolished with a hail rider on it and that is how it works. Need straight hail to get paid twice.

If all your acres of a particular crop get wiped, then yes, all you get paid is up to the maximum indemnity. What im getting at is if you have lets say 1000 acres of wheat covered, that is covered to 20bu/ac. Lets also say that absent the hail event, you would have cut 20,000 bu, right on the coverage line. Now lets say you get hammered to 100% on 300ac, and the rest goes that magic 20bu/ac. In that event you would get spot loss on the 300ac, plus you are also 6000bu short of production. Crop insurance then covers the 6000bu after they measure the bins, provided you do not reach the maximum indemnity.

[Guest]

More importantly biglentil what are your rates. I think I have a township/range at about 2.3 or 2.4 %. The other one is about 1% higher( I will check).

You can look at it two ways...the rate is low so it must not hail much so don't bother or it's cheap and you should insure...about $5 for $200 of coverage for basic crops.

Dilemma?

As you might know...I have no Crap Insurance...maybe I should at least cover the hail peril.

And if it's really bad....Ag Stability will keep me in Kraft Dinner and wieners til next crop....hopefully!

...checked, 2.3 and 3.8 paid by Sept 30

2.7 in 47-12, 3.2 in 48-12. canola is 1.2 times

[Oliver88]

Co-op Hail is being cheap this year we are finding. Municipal is paying out roughly double.

What are others finding??

[food4u]

same reason I dropped Municipal Hail after a storm in 84..

[sumdumguy]

Coop hail screwed us in 1985 ! Real miserable ex-school teacher adjuster that was a complete prick !

They never paid and she was a complete write off !

Funny we were just talking about that today !

Coop hail screw off ! Never again !

Same for us with Municipal in 2002. We had two companies that year, the other paid full cover on lentils, Municipal said because we collected in 2001- no pay. (because we got hail 2 years in a row). Never Again! When you are paying double rate on lentils, you should be covered, no questions asked. Sask Ag should have a government regulator with teeth on insurance companies because not all companies are honourable and the shysters should be black-listed by farmers. As for old school teachers, you got it there - crusty, inexperienced in farming, crop diseases.

[SASKFARMER3]

I have the lucky task of dealing with Rain and Hail today. Yea the guy and his crew cant get to our place till after 11 becasue the third guy they are training is from Swift.

Yea i have to piss away the next two days walking fields.

Will post out come.

[LEP]

Anyone have experience with Agdirecthail? This is my second year but no hail last year.

I have a claim on lentils and a little canola. He's coming tomorrow so we'll see. I heard after I bought this year that they may be tough adjusters. Most times I have had my hail come just before harvest. I heard they discount pretty hard when you get hit at early flower. They say the lentils can come back.

If they are too tough to deal with I will defer to harvest.

[TASFarms]

The lentils will come back but usually makes very little seed after hail

[sumdumguy]

The lentils will come back but usually makes very little seed after hail

And full of disease once stem is opened. Lentils and peas are much more susceptible to damage, that’s why the higher premium.

[Rareearth]

Sask.
-get the business cards for those that have them and names of others
- take pictures, lots of pictures - video, what they show you or the crop stand and damage
- their boss and title, who do they answer to phone number
- video or record the conversations on I phone


- sprinkle with sugar
- stir slowly on low heat till warm 🙂