Production Loss Process
During a claim, you deserve to know what to expect. While every claim is different, a general process is always followed. These steps are what a grower should expect during a production loss from our claims team. A Risk Management Advisor and the adjuster will keep the grower informed at [...]
Growers Have New Option for Crop Insurance Production Reporting
Growers Have New Option for Crop Insurance Production Reporting New RMA rules now accept grain cart scales as proof of production for 2022 June 24th, 2022 Sioux Falls – The Risk Management Agency (RMA) for 2022 will accept grain cart scales as proof of production for crop insurance reporting, no [...]
Prevent Plant and Replant Reminders
Some of the country is receiving too much moisture/precipitation preventing growers from getting into fields to plant or causing issues for crop in the ground. There is still time to get the crop planted. PRM wants you to be prepared with information on Prevent Plant and Replant in case you need [...]
Replant Policy Process
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.
Soaring Input Costs May Cause Margin Protection Loss Claims
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 [...]
Is It Worth the Premium?: Another Year of High Base Prices
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 [...]
Reduced Premiums for Cover Crops extended for 2022
Extended Cover Crop for 2022
Proud to Announce a New North Dakota Data Specialist 
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 [...]
THE WHOLE ECO PICTURE FOR 2022
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 [...]
