Sask crop Insurance

[BreadWinner]

This is the first time in many years that we will be in a claim position for crop insurance. How much will it effect our premiums and for how long? We have a 50% discount right now.

[fjlip]

There is a formula, to reduce discounts. SCIC

[Sodbuster]

I doubt your discount will drop much on a one year claim, especially if your numbers are average or above in your area.

[Herc]

You most likely won’t see any changes. May be at 14 credits instead of 16. But will be 50% yet.

[BreadWinner]

Thanks Herc

[Guest]

Also if the affected area is huge they go a lot easier on you

[Herc]

Also if the affected area is huge they go a lot easier on you

Huge, like the whole province? I’d be all for throwing out this years yield from the formula or getting rid of any debits. One way they can help out this huge disaster….

Premiums will be on the rise for sure

[Oliver88]

Huge, like the whole province? I’d be all for throwing out this years yield from the formula or getting rid of any debits. One way they can help out this huge disaster….

Premiums will be on the rise for sure

I think they will be up significantly since the base price and coverage/acre will be record high.

[sumdumguy]

It ill b interesting if AgrStability will pay out this year in the drought-ravaged areas. If not now, then when. 🤷🏻

[SASKFARMER]

It paid out piss all in the flood years because our lost acres weren’t used. Plus our margin dropped slowly as acres dropped. We got **** all

[bucket]

It ill b interesting if AgrStability will pay out this year in the drought-ravaged areas. If not now, then when. 🤷🏻

Never...unless you have multiple companies involved in a farming operation.

It's a garbage program.

[Sheepwheat]

Never...unless you have multiple companies involved in a farming operation.

It's a garbage program.

It also works for rapidly expanding farms due to the structural change they nickname it.

[Guest]

Never...unless you have multiple companies involved in a farming operation.

It's a garbage program.

there you have it
the only way it works, long as one can sleep ok

[STRNGR]

Agri stability just takes a long time to pay out, 2 years or so, doesn’t help when you need it most! Had a claim in 2019, had to go though a audit and finally paid us this spring, just when we were moving forward and back on track before the 7 years excess moisture. Will take it but would have been better used in 2019!

[the big wheel]

It ill b interesting if AgrStability will pay out this year in the drought-ravaged areas. If not now, then when. 🤷🏻

0 for 4 that have submitted their info to
The accountants will get a payment. Our area
As stated has had a continued drought
Farms that had big crops and now a bad year
Will get a payout????? Wtf is this horseshit?