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03-07-2013
06:04 AM
Re: I bought the highest version of revenue insurance
Don's right about what they are buying. Don and many here live where there has not been a crop loss since 1993 and consequently proven yields are tremendous and the years of no losses have caused corresponding premiums to fall. Many cases where you can purchase $950+ coverage for $35-40/acre. That's alot of insurance for 7 bushels of corn. I think the rationale is buy it and hope you don't collect. It really is too good to be true.
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