What Does Pasture, Rangeland, and Forage Insurance Cover?
When you’re managing a farm or a ranch, one of the things you know you’ll constantly face is the unpredictability of the weather. That’s where Pasture, Rangeland, and Forage (PRF) insurance comes into play. PRF insurance gives you a little peace of mind by covering the financial risks associated with a lack of rainfall that can impact your ability to provide adequate grass or hay for your livestock.
Here’s what PRF insurance offers:
- Coverage for Different Landscapes: Although PRF is an area plan, it is split into smaller grids to better represent the precipitation relative to the land it covers. No matter where your grass grows, PRF aims to help.
- Protection Against Lack of Rainfall: One of the biggest challenges is a lack of rain, and PRF specifically targets this issue. It can help offset the financial risks when dry conditions reduce your forage yield.
- Simple Payout Process: You won’t need to file extensive paperwork or proof of loss. Instead, PRF relies on a rainfall index to determine losses in your area.
If you want to safeguard your operation against the whims of nature, PRF might be the solution you need to keep things running smoothly.