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Aberdeen MS | If he is carrying the popular policies, it's all on the dollars generated vs bushels produced. He's not insuring X bushels of yield like the old policies. He's insuring XX dollars coming off the field, or more precisely, the unit of insured land. It may be a field....it may be the entire farm.
It's actually going to be determined by 2 factors.... what his production is in the fall, and what the harvest price is if he carried harvest option on his policy.
I had that type of situation happen a few years ago. I ended up getting paid about 5 or 6 dollars an acre for what drown outs I had. But it was over the entire acreage of the policy that got paid, not just the affected acres.
He doesn't give enough info in the original thread to make a calculated guess what the non productive acreage will do for a possible claim. | |
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