While any inclement weather can pose a threat to the livelihood of farmers, hail can be particularly dangerous. It’s typically difficult to predict and can occur any time from the beginning of crop season all the way through harvest. Although hailstorms generally only last a few minutes, they have the potential to cause significant damage and financial loss. This is why farmers should consider hail insurance an integral part of their risk management plan. Below is some insight into why this coverage is essential to your profits and future success. 

It Fills Coverage Gaps 

Many farmers purchase some degree of multi-peril crop insurance to protect their farm from various hazards; however, it can come with a high deductible. Since hail can be spotty, completely destroying one portion of your field while leaving the rest virtually untouched, the damage might not be enough to trigger your policy. Hail insurance can help supplement your current coverage, as it provides acre-by-acre protection up to the cash value you select for your policy.

It Protects Against Additional Perils 

Even if your area is rated fairly low for risk of hail damage or your crop values are more modest than normal, you can still benefit from purchasing hail insurance. Often, a basic policy will include coverage for other phenomena, such as fire and lightning, vandalism, wind, and malicious mischief. It can also cover damage that takes place while crops are in transit or when stored. 

Unlike multi-peril crop insurance, crop-hail policies aren’t regulated by the federal crop insurance program, and therefore, can be purchased throughout the growing season. As such, if you have yet to apply for hail insurance, the professionals at Nebraska Crop Insurance Agency can help you secure coverage. Farmers throughout Lancaster and Gage County, NE, have trusted them to provide high-quality protection and guidance for nearly 40 years. Call (402) 223-2694 to request a quote or visit them online to learn more about the variety of products they offer.