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Can someone help me figuring out crop insurance?
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BigNorsk
Posted 9/12/2007 11:03 (#202558 - in reply to #202311)
Subject: Have you considered?



Rolla, ND
I was just wondering why you were using the highest coverage possible when showing your landlord? Is he your Dad or something? One thing you didn't include was the premium at top coverage I would assume that is a few bucks. Lots of landlords come from a time when inputs didn't cost much so they kind of assume gross is pretty close to net.

I was just wondering because I haven't seen that many tenants going to their landlord showing them with figures where the tenant can have close to $400 an acre of insurance (of course it's not that high you forgot the percentage of the price in the original) but anyway I would figure land rent would be close to $300 an acre after you got done showing him that one.

Maybe your landlords operate different, but as a landlord I have to tell you if my farmer convinces me he is locking in hundreds of dollars an acre, I want to be treated fairly and given my 2/3 clear (sarcasm).

Marv
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