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Kansas | I missed the situation with the share question? Any details?
In my experience the first thing the adjuster is going to determine share by is the 578. When they first get the loss they get the 578s from the FSA and then confirm share and acreage. Any differences usually can be fixed as long as they do not increase liability.
Heres the curveball what if the person does not deal with the FSA at all? I would say they could go back and look at grain sold to determine the share or just have to take their word for it.
Anyone should sell their share of the grain in their name. If you don't and get audited you could have some major issues and could cost you big time. | |
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MPCI reinsurance
