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Gain More Accurate Crop Insurance with Precision Ag

Gain More Accurate Crop Insurance with Precision Ag

Make your crop insurance faster, easier, and more accurate by using the precision ag data you are already collecting for your FMH insurance policy.

Why Use Precision Farming Data for Crop Insurance?

  • More Accurate Coverage
    Insure exactly what you plant, and receive the fairest loss payments

  • Save Money
    Potentially lower premium costs and increase your APH

  • Increase Efficiencies
    Use your existing data, and upload data for seamless reporting exclusively through FMH

  • Simplify Processes
    Electronic records reduce appointments and paperwork

How FMH Precision Solutions Works

When you report exactly what you plant, you may reduce your crop insurance premium or increase your Actual Production History (APH) which can lead to more cost-savings over time.

 

Reporting with Precision Data vs. FSA Data

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57.27 FSA Acres  vs. 53.3 Precision Acres = 7% Over-Reporting Difference

Soybean Premium Savings Example
Premium: $35/acre
FSA: $2,004.45
Precision: $1,865.50
7% Premium Savings = $138.95

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Soybean APH Improvement Example
Total Production: 3,675 bu
FSA: 64.2 BU/AC
Precision: 68.9 bu/ac
7% AP Improvement = 4.7 bu/AC

We Are America’s Crop Insurance Company™

Farmers Mutual Hail was founded by farmers, for farmers, in 1893. As a mutual, we’re owned by our policyholders, American Farmers, not a foreign parent company. We’re headquartered in Iowa, right in America’s heartland. We’re proud to be America’s Crop Insurance Company™!

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Does your operation qualify for Precision Crop Insurance Solutions?