Canada - Farmers Filing Crop Insurance Claims

04.11.2015 54 views
The Saskatchewan Crop Insurance Corporation is gearing up for an influx of claims prior to the November 15th deadline. About 4,200 claims have been filed to date. Sask Crop Insurance says 2,236 post-harvest claims have been settled, totalling $28.6 million. The five year average (2010-2014) for post-harvest claims is 9,533 providing $175.8 million in payments. Claims are filed when a producer's actual crop yield and/or quality does not meet their coverage level. Darby Warner is the Sask Crop Insurance Corporation's Executive Director of Insurance. "In a normal year, claims don't really start to ramp up until between now and November 15th. This year with harvesting a little bit late and lots of producers having little spots of crop left in the field, I'm expecting that with the weather turning to the bad side that we'll get more of those claims coming in the next couple of weeks." Warner says it is too early to say if the 2015 claim load will be higher than usual. "We're expecting it to be about a normal year, maybe a little bit higher than normal." It is safe to assume that the majority of claims will come from the drier, western half of the province. "Right now, I think a trend is already starting to show that the area that suffered from the dry conditions in late June and early July will have the most claims for sure," Warner says. Producers with crop still in the field after November 15th should request an extension of insurance. Wildlife claims filed on crops that are overwintered without an extension may not be eligible for compensation. Source - http://www.saskatoonhomepage.ca
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