Hail Insurance?

[furrowtickler]

Dad never carried hail or crop, one small hail storm in 40 years. However, scince 2000 we have had hail bad 6 out of 9 years, without both hail and crop ins we would be out a long time ago.

[sewen]

Never bought any this year, the way I look at it is, if it can't rain how is it going to hail.

[LWeber]

Furrow: Any wind there this morning?

[AdamSmith]

LWeber, I really wasn't think CWB, I was thinking city kids and the like, but since you asked,

I suspect CWB supporters, the diehards at least, were still riding in little red wagons being pulled by someone else until they were 13 or 14.

[SASKFARMER3]

We carry a combination of hail and crop insurance to cover our costs. That's it its built into the budget. But two years ago our guy was suppose to come to farm on Tuesday but some thing come up and we rescheduled for next Monday. Sunday bad storm. It was early and crop came back so did the wild oats. Or the time we had 6 quarters in a block plus 3 fractions and forgot to insure the middle quarter. Got hail and I bet you can figure out which one had the worst hail damage.
HA HA>
Its a crap shoot but not bad if a disaster happens. Their fee is getting out of hand.

[Wheatking]

It seems to me that the premiums are getting out of hand in our area, so this year I chose not to get any. The trick is to put the money saved in an account so when it does happen you have something to fall back on, but that never happens.

Seems like in this area some people treat it like the lottery and load up and spend little on the crop hoping for the white combine to go through.

[Fransisco]

It's not Gargoyle's chasing me, it's something else...

http://www.youtube.com/watch?v=nFY-LVtl2Hk

[parsley]

Young girl, adamsmith? Old girls, too. I go out on the Rhino every chance I get these days. Rip as fast as I can to see how many seconds it takes to get the muffler hot. LOL. Still have a perfectly good ATV in the barn, but the Rhino has four wheel drive for bad drivers heading through the sloughs with the peddle to the metal.

I will never grow up. Sigh. Pars

[Hopperbin]

Never took out hail ins. yet as my dad never also. My dad got me signed up into crop ins. the first year I took over the farm about 12 years ago and I canceled it the next year. Hail ins. rates are among the highest here and figure I need 2 quarters 100% every year to pay for the prem. back. Sometimes always get something and luck. Sometimes some neighbours say they get 50 percent damage in swathed canola and then still get as good of bushels so they claim making premium back usually. Caise is my insurance perhaps it is called something different again.

[Fransisco]

Crop insurance for me is a given.

But I've got a harder time justifying hail. All sorts of things can take your crop down, hail is just one of them.

I remember some guys saying they were going to try and get their NISA accounts high enough that they could cover next years expenses but I never heard of anybody actually doing it. Then they pulled the plug on it cause it's such a terrible thing when farmers decide not to dip into it on a regular basis.