Verified FBN Member (WI)

(edited)General

How much multi peril ins?

I raise mainly corn and beans. I run only a couple hundred tillable acres. Farm will be paid for in 3 years and don't have much debt load on machinery. Im trying to figure out what is the best bang for the buck on insurance I currently do 70% on beans and 65% on corn (multi peril) . My land is in east central Wi. and is very fertile silt loam soil. It drains well and holds moisture well. Biggest issue i had in the last couple years is wind, but not enough to file a claim. What coverages are you doing and should I change my coverage

3


Verified FBN Member (SD)

I switched to enterprise multi peril on the crops that are planted on multiple sections instead of covering each section separately. It reduced my premiums enough to where I could increase my coverage to 75% and still pay less in overall premium.

Join Our Community!

This comment section is reserved for FBN members only.

If you're new, please create an account to view, reply to existing comments, or add new ones.

Copyright © 2014 - 2026 Farmer's Business Network, Inc. All rights Reserved. The sprout logo, Farmers First flag logo, "Farmers Business Network," "FBN," "FBN Direct," "F2F," "F2F Genetics Network," "Blue River", and "Farmers First" are registered trademarks of Farmer's Business Network, Inc. or its affiliates. "Gradable Carbon" is a trademark of Gradable LLC. All other trademarks are the property of their respective owners. *Fees may apply for certain product and service offerings other than FBN membership. Terms and conditions apply. Products sold or distributed through FBN Direct are offered by FBN Inputs, LLC and are available only in states where FBN Inputs, LLC is licensed and where those products are registered for sale or use, if applicable. Please check with your local extension service to ensure registration status. Grain market advisory services are offered by FBN CM LLC and are only available where FBN CM LLC is licensed. FBN Brokerage services are offered by FBN BR LLC, dba FBN Market Advisory - NFA ID: 0508695. Testimonials are not indicative of future performance or success; prices and savings may vary. FBN merchandise provided in recognition of testimonials.

FBN's Flag Logo