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Veteran Advisor
Posts: 4,359
Registered: ‎02-10-2013
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Re: Sorry

Crop insurance is a funny critter.
Those in the upper Midwest, where dry land
Corn is planted as far as the eye can see, many
Ask, why do we need it, we loose money carrying
It, and the only people that take it is the margin
People, who should plant it all back to pasture.
Several things here, first, some of the underwritting
Is loss history, and yeilds...so viewing it, your
Cost, if the case holds true, good crop each year,
Good yeilds, will be low, at a good price to offset
Risk
Also, most of those against insurance are those
Well established.

So, what do we do with those few who are starting...
And despite all the moaning and groaning comming
From the dryland corn belt...you still buy it !!!