Duane Johnson Insurance
Harrisburg, SD
Harrisburg, SD
REVENUE PROTECTION
Revenue Protection provides protection against a loss of revenue caused by price increase or decrease, low yields, or a combination of both. This coverage guarantees an amount based on your APH (10 year history of farm yields) X the greater of the Spring price or the Harvest price. The Spring price is used to calculate your premium and replant payment or prevented planting payment. If the Harvest price is higher, your guarantee is recalculated (higher), but your premium does not change. A payment for loss of revenue is due when the harvested bushels X the harvest price is less than the revenue protection guarantee. In a rising market, the Harvest price cannot exceed the Spring price X 2.0.
If you're looking for whole farm, or have questions about it, take a look at the Whole Farm Revenue Protection page. Don't hesitate to call me with questions. I'm happy to help explain your crop insurance options and what would work best for you.
If you're looking for whole farm, or have questions about it, take a look at the Whole Farm Revenue Protection page. Don't hesitate to call me with questions. I'm happy to help explain your crop insurance options and what would work best for you.
All you need is the plan, the road map, and the courage to press on to your destination. –Earl Nightingale
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There are a lot of crop insurance options out there, and they can change from year to year. Let's find the right crop insurance plan for you.