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Pasture, Rangeland, Forage (PRF) Pilot Insurance Program is designed to provide insurance coverage on pasture, rangeland, and forage acres. This program utilizes a rainfall index and grid system provided by the National Oceanic and Atmospheric Administration Climate Prediction Center (NOAA CPC).
PRF insures the producer's operation from the risks of forage loss due to lack of precipitation within a certain area. Coverage is based on a producer's choice of coverage level and specific index intervals. Producers also have the option to insure their acreage partially, rather than insuring entirely.
This program can be extremely beneficial for producers within the Eastern New Mexico/West Texas areas that are often prone to drought, harsh winds, and extreme heat. Our team uses a specialized program to determine which coverage is the optimal fit for each specific area. Rather than crunching numbers and analyzing data, we are able to view the rainfall history for your grid with only the touch of a button. Visit our office today to find out how our services can benefit your operation.
The Risk Management Agency (RMA) is an excellent source for information regarding Pasture, Rangeland and Forage Insurance. Check out their website by clicking the button below.