Crop Insurance Decision Tool: Get the Best Crop Insurance Policy

Solving For Your Goals

Insurance is All About the Odds

From a buyer’s standpoint, you want to spend your insurance dollars in a way that will deliver the most protection and peace of mind. Reviewing your policy selection annually will help you do that.

Crop insurance is complicated, and depending on where you farm, you could have thousands of policy choices. If you're doing this based on a gut feeling or on what happened last year, you could be leaving money on the table.

Reviewing Your Options

We can ask our proprietary tool to analyze federal insurance policies to find the best choice whatever your risk management goal.

Behind the calculations are thousands of data points for commodity prices, yields, volatility, etc. Customer data are used to generate customized solutions; county data are used for demonstration purposes for producers in eastern Kansas.

What comes out is a matrix that shows options to keep you in the green, out of the red - based on your actual numbers and goals. A producer can see best choices, as well as which selections might put him in the red.

One of our customers looked at the chart of his yields vs. the county and immediately saw the result of each of the cropping improvements he had made during the past 10 years, validating his production changes.

Our software also shows where your current crop insurance plan ranks among all of the selections, showing how on-track or off-track you've been. In the matrix above, the producer had been choosing a specific insurance option when 100 other options were deemed to be more effective for his farm.

Five Reasons for a Crop Insurance Review

1

There are many new products and risk management tools, and premium subsidies change from year to year. Regular reviews align with what’s new to help you maximize protection.

2

Maximize your insurance guarantee while minimizing your risk. Take full advantage of available options, endorsements and unit structures.

3

We look to increase your Actual Production History (APH). That gives you a stronger guarantee and a better chance of covering your costs in tough years. You’re always working to increase yields in the field. You can improve your APH beyond the field by using crop insurance tools correctly.

4

There are so many options. Our proprietary software helps you make informed decisions based on your farm and your financial goals.

5

Our insurance officers specialize in crop insurance, receive ongoing training and are committed to your success, not commissions. We’re a farmer-owned cooperative, helping you make insurance selections based on the best technology and what will perform for your farm. Your success is our success. That’s what makes us different.