Page 59 - GrapevineMarApr 2022

Around The Vineyard

Yield Adjustment. “For APH yield calculation pur- If you would like more information on crop insur-
poses, insureds may elect to substitute 60 percent ance, please feel free to contact me. We also offer
of the applicable T-Yield for actual yields (does not free second opinions on grower’s existing policies.
apply to assigned and temporary yields) that are Sometimes we find mistakes or the policy is struc-
less than 60 percent of the applicable T-Yield to tured in a way, to cause claims to not be paid or
mitigate the effect of catastrophic year(s). Insureds reduced.
may elect the APH YA and substitute 60 percent of
the applicable T-Yield for low actual yields caused Crop insurance is subsidized through the Federal
by drought, flood, or other natural disasters.” – Government. The USDA Risk Management Agency
2022 Crop Insurance Handbook. This can make a oversees crop insurance. The RMA’s website is
big difference; you want your yields to stay up so www.rma.usda.gov.
that your average does. This makes it more likely to
have a claim paid at the time of a loss. For more information please contact...

You cannot cover 100% of your average produc- Trevor Troyer: VP Operations
tion. You can choose coverage levels from 50% Agricultural Risk Management, LLC
to 85%. There is a built-in production deductible. Call: (239) 810-0138
Coverage levels are in 5% increments. Coverage lev-
els are relative to premium, the lower the coverage
the lower the premium, the more coverage you buy
the higher the premium. What the correct coverage
for your needs is something your crop insurance
agent can help you with.

877-892-5332 The Grapevine • March - April 2022 Page 57

Grapevine Main Pages GV030422_Layout 1-1 copy.indd 57 2/24/22 3:34 PM