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Crop Insurance Question - Is this simple math right?
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easymoney
Posted 9/2/2010 08:33 (#1343179 - in reply to #1342834)
Subject: Re: Crop Insurance Question - Is this simple math right?


ecmn
doesnt it matter on your specific policy? I believe what dad has is a price/yeild protection. no matter what the market does he will get atleast x amount per bushel, and no matter how bad the yeild is he will get x per acre. i am not sure but he had a claim the other year when the price was real high, then the insurance company did an average profit per acre and paid it more that way then simple bpa vs price. it saved the insurance company money basically.
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