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Learn About Crop Insurance AND Crop Losses from Hurricane Sandy

27 Nov

Join us to learn Crop Basics; Crop reforms; New Crop Programs and Crop lessons learned from Hurricane Sandy. CE Credit is available in many states.

Tomorrow, November 28th, The Insurance Community Center will be presenting a two hour Crop Insurance Class that qualifies for CE in some states.   The presenter for the Crop class will be Rita McMullan AFIS, CPCU, CPIW, AAI , President, PDM Insurance Agency.

This class is open to all University members at no cost and can be attended by non-members for a fee of $50.00.  You can sign up for the class at insert direct link to sign up, please.

The year 2012 has been tough on farmers due to the severe drought that affected much of the U. S.  Add to that Hurricane Sandy that wreaked havoc along the East Coast further threatening farms and ranches. While early estimates project Sandy to have caused about $30 billion in property damages and another $10 billion to $30 billion in lost business, the overall impact on agriculture fortunately may be less dire.

The good news for the farmers is that the growing season was essentially complete on much of the East Coast and many farmers sped up harvesting ahead of Sandy, the overall picture isn’t so much black as it is grey. But, that’s not to underestimate localized crop damage that is severe in places. Examples of loss include:

  • Loss to production and growing crop
  • Livestock Death Losses
  • Feed Purchases if supplies or grazing pastures are destroyed
  • Extraordinary Costs due to lost supplies
  • Extra transportation costs to transport livestock to safer grounds or to move animals to new pastures

REGISTER HERE

Crops insured by federal crop insurance or by the Noninsured Disaster Assistance Program (NAP) are covered when floodwaters have rendered them valueless.

Crops insured by federal crop insurance or by the Noninsured Disaster Assistance Program (NAP) are covered when floodwaters have rendered them valueless.

http://naturalresourcereport.com/2012/11/crop-damage-hurricane-sandy-2/

http://www.rma.usda.gov/help/faq/basics.html  (Class Link)

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