Straight Hail Insurance 2024
For crop producers, there are few things as devastating as a hailstorm. Agriculture Financial Services Corporation (AFSC) provides Straight Hail Insurance so you can secure peace of mind in knowing your assets are protected from one of Mother Nature’s most damaging elements.
This program:
- provides protection for spot-loss damage to crops caused by hail, accidental fire and fire caused by lightning
Insurance comes into effect at noon on the day following the date of application.
What’s new for 2024
Applications for Straight Hail Insurance for Market Gardens must be completed with an AFSC representative or at an AFSC branch office. Applications will be subject to an inspection to determine eligibility of crops for hail coverage.
Cocktail Crops have been added to the list of eligible crops for Straight Hail Insurance. Refer to the Straight Hail Contract of Insurance for a definition of Cocktail Crops and specifications.
What was new in 2023
Maximum values for all crops have been reviewed and updated to better reflect today’s production capability and commodity values. See the Coverage section within this booklet for more details.
Changes to market garden eligibility were made to be more current with industry:
• Market gardens maximum acres has been increased from 30 to 60 acres
• The requirement to have a minimum of three crops grown has been removed
• Strawberries are now eligible for coverage