LOSS PAYMENTS EXPLAINED
Insure My Forage is dedicated to expedited claims services. Faster payments put your mind at ease at a time of loss, and we're here to help any way we can. the amount payable will be determined by multiplying the number of acres destroyed by fire by the amount of insurance per acre, less your deductible. Let Insure My Forage cover you in a time of loss!
Coverage Loss Example | John Farmer
John Farmer has 1,000 acres of pasture land insured at $10 per acre. At $10 per acre, John's land is insured for $10,000. The premium per acre is $0.15 with Insure My Forage, bringing his total premium to $150.
A pasture fire occurs and burns 800 acres, John files a claim, and in a timely manner, John receives a check from Insure My Forage for $7,900.
(800 acres) x ($10 coverage) = $8,000
($8,000) - ($100 deductible) = $7,900