PRF (Pasture, Rangeland, Forage) insurance coverage is based on the direct correlation between below-average rainfall and decreased forage production. Here's a snapshot of how it works:
- Insure your grazing or haying ground for up to 90% of average rainfall.
- Receive indemnity payments when rainfall is lower than average in your area.
- No premium is due up-front - indemnities go toward your premium first until the balance is satisfied. Additional payments go straight to you.
- Your land is insured in two-month intervals throughout the year.
- PRF insurance covers grazing or haying acres, whether owned or leased.
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