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Young Farmer Dillema.... looking for advice?
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CRJ
Posted 9/24/2010 07:49 (#1372159 - in reply to #1370847)
Subject: Re: Generally speaking....


NEIN
enterprise units verse optional units are cheaper with the premium savings being equal to your increased risk. IE you are slightly more self insured and it is equal to the premium savings. What I dont understand is if you had 80% coverage why you are having trouble. If you cannot make it on 80% of an expected crop you have built an operation with too high of a cost structure. My guess is you pay to much in rent or are way over equiped. Tough words I know, but remember it is the markets job to punish those who assume to high a level of risk. Borrow money from a real bank and they will help you quanatate your risk taking ability in a hurry.
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