Satellite Forage Insurance
Satellite Forage Insurance provides coverage when a shortage of moisture impacts forage production. It uses satellite-based technology to measure plant available soil moisture, an important factor in forage production.
Claims and premiums are now localized at the township level where the insured hay or pasture is located. High, medium and low coverage levels are available, varying by soil zone. There are two monthly weighting options available for producers to tailor their coverage. More information, including coverage options and premium, will be available in the new year.
Option 1 (default)
| MAY | JUNE | JULY |
|---|---|---|
| 30% | 55% | 15% |
Option 2
| MAY | JUNE | JULY |
|---|---|---|
| 40% | 50% | 10% |