Enterprise Units

If you insure three or more units of same crop, same county, you can purchase enterprise units on the Yield Protection & Revenue Protection.

Advantage: It can lower your premium costs by approximately 10-15% over optional units.

Disadvantage: All your units are averaged together to determine if there is a loss. If you get hailed out or dried out in only one unit and the other units have a good crop, you will not be paid if your average is above your guarantee.

You should purchase hail coverage to cover part of your risk, which will increase your cost of insurance more than the amount of money you will save.

enterprise