OUR RANCH INSURANCE EXPERTS WILL HELP YOU CHOOSE THE RIGHT COVERAGES.
RAINFALL COVERAGE
PASTURE, RANGELAND, AND FORAGE INSURANCE (PRF)
PRF is an area-based insurance program that protects ranchers against yield losses caused by low precipitation relative to a historic average on forage produced for grazing or harvesting hay. In general, PRF helps offset the cost of additional feed expenses in times of drought to help your bottom line stay healthy. Coverage is based on rainfall in a defined grid.
ANNUAL FORAGE INSURANCE (AF)
Annual Forage insurance provides coverage on your annually planted forage or grazing crops in a defined grid and protects against lack of rainfall. Crops typically covered include those grown for use in grazing, haying, and silage. The program utilizes a rainfall index to determine precipitation and does not measure production or loss of products themselves.
LIVESTOCK RISK PROTECTION (LRP)
Livestock Risk Protection (LRP) is a federally subsidized program and insures against a decline in livestock market prices. It uses area pricing to determine indemnities and is offered on a per head basis. LRP provides peace of mind that your livestock are covered if prices fall.
You may choose from a variety of coverage levels and insurance periods that help protect against national marketplace volatility. Coverage prices range from 70% to 100% of daily livestock prices for swine, fed cattle, and feeder cattle; and 80% to 95% for lambs. LRP does not insure against death, loss, or poor performance.
WEANED CALF REVENUE PROTECTION (WCRP)
The Weaned Calf Revenue Protection program provides beef cow-calf producers with federally subsidized revenue protection for their calves up to weaning age. Specifically, it provides coverage for a decline in price and lost yield in the form of decreased overall weaning weight based upon producer records. A producer will be required to insure all cattle in which they have an interest.
Coverage begins once a calf report is submitted. A notice of loss must be filed for adverse weather conditions and for calf death occurring after the calf report has been submitted. WCRP utilizes season “beginning” and “ending” prices to be referred to as the “projected” and “harvest” prices respectively. Pricing is based on the cattle futures market.
THE WORLD DIFFERENCE
The World Ranchers Insurance Team has been specializing in crop insurance for ranchers in the Midwest for more than 15 years.
Our long-term carrier relationships allow us to negotiate the best terms, conditions, and prices in the market for our clients. Whether your business is focused on swine, fed cattle, feeder cattle, lamb, or some combination of the above, we can help ensure you have the right protection for your unique exposures.
WHO NEEDS SELF STORAGE FACILITY INSURANCE?
Facility owners, developers, and managers should consider insurance protection. We cover most
self storage facilities and development projects anywhere in the U.S.
DEVELOPMENT
- Ground-up and renovation projects
- Top-rated builder’s risk markets
- Exclusive builder’s risk/liability combo policy
- Liability insurance for developers
- Surety and bonding specialists
HIGH-RISK
- Boat and RV storage
- Unmanned facilities
- Mixed-use properties
- Mobile / portable storage containers
- High-risk zones (wind, hail, tornado, wildfire)
TRADITIONAL
- Single-location facility
- Multi-location facilities
- Large real estate investment firms
- Self-storage management firms