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I don't understand the rationale behind selecting optional unit crop insurance?
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Pofarmer
Posted 11/6/2012 13:30 (#2681624 - in reply to #2681609)
Subject: Re: I don't understand the rationale behind selecting optional unit crop insurance?



For Multi-Peril loss is a loss, no matter what the cause. With that said, if I was in an area with a high likliehood of hail, I'd buy some coverage, but maybe not the full amount. "Here" you buy some many dollars per acre coverage for X amount. Thing is, you can have a payment with hail insurance, and get no payment from multiperil, but, if the loss is bad enough, you can get a payment from Multi peril AND a payment from hail.
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