Important Reminders For Your Crop Insurance

What a change from a year ago! Last year at this time, you were weighing the decision to go with Prevent Plant
versus late planting. This year, within a two-week period spring planting was done with little to no hiccups. From a
crop insurance perspective, we are very grateful to have had a much nicer spring and a lot less stress.

Here are some crop insurance reminders:

Acreage Reporting: The acreage reporting deadline is July 15. With crops planted early this year and the
challenges of Covid-19, don’t wait to get your acres reported. Set a time with your AgQuest Crop Insurance Specialist to report all acres (insurable and uninsurable) of any crops and plant dates. We can work together to make this a seamless process for you. Please reach out with any questions.

Claims: Contact us to turn in any claim situations so we can get a notice of probable loss set up for you. The adjuster will contact you prior to replanting or destroying of any crop. To qualify for a replant payment, you must replant back to the same crop planted. The policy requires 20% of the insurance unit or 20 acres; whichever comes first.

Replant Requirements: Before you engage in any replanting activity, you need to consult with your agent so that you know what is required of you. If any acres were replanted back to the same crop you planted the first time, simply give FSA the original planting date for the entire field – there’s no need to “double count” the planted acres. If replanted to a different crop, first crop-second crop rules apply, and you should talk to your agent so that you understand what is expected. You will need to document this with FSA as well. They will need to report the first crop that was planted and destroyed as “failed” acres and then also certify the acres of the second crop planted. This helps establish what is insurable, uninsurable, etc. Also, be sure to report any acres, no matter how small, that you were “prevented” from planting. This will help preserve your “Base” acres that may impact your future farm bill payments.
Be sure to label your maps with all information, including, planting dates, acres, crop, prevent plant acres, any second crop acres, etc. This map will serve as your proof of what was submitted to FSA should there be any need for correction/edit at a later date.

Hail Insurance: Hail insurance may be a consideration with some deadline dates to keep in mind. Production Hail deadline is June 15. Wind, Green Snap and or Extra Harvest coverage would need to be endorsed to a hail policy prior to July 1.

Standard hail policies may still be put in place at any time prior to a hail event and will go into effect 2 hours once received by the company until August 1, then it will go into effect at 12:01 the following day.

Fire is also included with your hail policy. With the dry year that we are experiencing so far… if you do not have a hail policy you do have the option to add a stand-alone fire policy prior to September 1.

You will also want to keep in mind that you have an option to take advantage of a cash discount on your hail premiums if paid before August 15. When you have a hail policy and your acres are keyed, a schedule is generated and sent.

FSA Deadlines: FSA deadlines for ARC or PLC 2020 enrollment is June 30. You also have the opportunity to update your farm PLC yields. Although the deadline is not until September 30, now is the time to get that completed and put behind you.

WHIP+ Disaster Program: Contact your Local FSA office in regards to the application submission to receive potential payments for the WHIP+ disaster program from the 2018 and 2019 crop years.

There are a lot of things to think about this growing season as you mitigate your risk and sort through the best options for your operation. AgQuest Insurance is here to help; just give us a call. We are more than happy to answer questions about your crop insurance coverage and run through all the details on your policy.

AgQuest Insurance is an equal opportunity provider.