PRM Stories

REPLANT POLICY KEY DETAILS Acres damaged by an insured cause.  Must have been planted on or after the earliest plant date. PRM Adjuster must determine it is practical and qualifies for replant. Must be at least 20 acres or 20% of the crop acreage, whichever is less.

One of the most frustrating things to happen is to have your season derailed by things out of your control. Use this checklist to help prepare yourself for a loss situation. This is a general guide to know what you need to expect during this process. This is a simplified [...]

Skyrocketing input costs have caused a lot of uncertainty they will cut into profits of operations. Margin Protection crop insurance plans were hot topics in September when the input prices were nowhere near where they stand in May. Today, if trends continue, these unprecedented increases in input costs may cause [...]

Growers are pleased to see commodity prices being at historic levels when they plan to sell their harvest. The higher prices can change the crop insurance strategy. It opens more options to create a risk management strategy to meet specific needs of an operation. It is important to create a [...]

Extended Cover Crop for 2022

Kyle Ostenson, North Dakota Data Specialist At Precision Risk Management we are continuing our dedication to North Dakota operators’ success. PRM is committed to investing more resources in North Dakota to provide unparalleled service to customers. Kyle Ostenson joined the team as the North Dakota Data Specialist focusing on precision [...]

Enhanced Coverage Option (ECO) is a unique crop insurance product to protect the top end of a grower’s yield or revenue. This coverage, up to 95%, comes with a real premium cost along with very defined circumstances to cause a loss payout. It will be a great option for some [...]

Have you done your pre-harvest precision check yet? Technology never seems to work when you need it to. The last place you want technology to go wrong is in the field during harvest. There is no way to 100% guarantee you won’t have precision technology issues in the field, but [...]

What It Is Main Details Margin Protection, also called MP, guarantees you will maintain your desired operating margin. It covers against an unexpected decrease in operating margin (revenue less input costs). Margin Protection provides both yield and price protection meaning lower county yields, reduced commodity prices, increased prices of inputs [...]

Staying on top of the latest technology for agriculture is vital to an operation’s success. Precision Risk Management is here to help Keep You in the Know about the latest technology and what applications it can mean for you. PRM sent our lead Data Specialist, Adam Squires, to TechHub Live [...]