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Replant coverage by policy

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You must exceed the 20/20 rule for MPCI replant coverage to be granted. The rule states that the lesser of  more than 20 acres  or  20% of your unit needs to be replanted before coverage is provided. The corn indemnity payment on replanted acres equals the actual cost to replant up to a limit of 8 bushels. If the projected price of corn was $3.50, the maximum replant coverage would be $3.50 x 8 bushels = $24 per acre.

Crop Hail

Crop Hail Replant Coverage depends on the company and the type of coverage you have selected.

Some companies pay the hail loss and you decide whether to replant. The remaining insurance coverage will be transferred to the replanted crop. Additional coverage can be purchased.

Other companies have to approve replant. Then you have a choice.

Option A: Replant crop and company will pay for your actual replant costs, not to exceed 20% of the limit of insurance per acre. Remaining limit will transfer to replanted crop. If you don’t replant, your loss is paid at 20% the limit of insurance.

Option B: Pay the actual loss sustained. No coverage will be transferred to the new crop. Additional coverage can be purchased.

If you have production plan hail, you don’t have coverage for replant.

Replant Supplement Coverage

Stand alone replant coverage provides coverage on the first acre you replant. Plus, you can select up to a certain amount of coverage, potentially $50-80 per acre. The indemnity payment will be the lesser of the actual cost of replant or the coverage limit elected on the policy.


Selected Coverage per Acre: $50

Replanted Acres: 10

Actual Cost of Replant: $55

Indemnity Payment: $50 coverage limit x 10 acres = $500

You must insure all acres per crop per county. Therefore, you would need to evaluate if this coverage makes sense for your operation.







Author: Betsy

I have a passion for helping farmers manage risk and increase their profitability. As an agent at Ibeling Insurance Services in Ackley, IA, I work with farmers to financially secure the future of their farm. I see agriculture as a way of life. Growing up, everyone in my family pitched in to get the job done. We worked on the farm and played on the farm. Our annual family vacation was going to the Iowa State Fair. Knowing that I wouldn't be operating the family farm in the future, I opted for finding a fit in the agricultural industry. I received a bachelors degree in Agricultural Business from Iowa State University. My career started at FCStone in West Des Moines, IA as a Commodity Broker. Each day, I worked with county elevators hedging their price risk on the Chicago Board of Trade. My husband, Levi, and I decided to move closer to home. I had the opportunity to continue working in agricultural risk management as an insurance agent. Ibeling Insurance Services is a great fit for me, as I love what I do, the people I work with, and the community I live in. In the fall, I coach high school volleyball at AGWSR Schools in Ackley. We have a team filled with delightful, talented young ladies. Levi and I have been blessed with a healthy baby boy, Alex, in December of 2013. We are enjoying parenthood, as Alex continues to amaze us!

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