Beginning Coverage

A few things are required to begin your Nursery Crop Insurance coverage, including:

1. Nursery Insurance Application
2. Plant Inventory Value Report (PIVR)
   Reported value by practice and plant category, are used to establish the maximum dollar amount of insurance. PIVR may be increased twice during the year. Using your inventory, data is entered into the RMA’s software to assist you in declaring only eligible plants and their and RMA pricing for the most accurate report of insurance value. The software is available at http://www.rma.usda.gov/tools/eplpps/ & on CD from AgSecure.  The resulting Crop Inventory Valuation Estimate (CIVE) provides important winter storage requirement information by plant, as well as the most accurate valuation for insurance purposes.
3. 2 copies of your Catalog and Price list
4. Current Inventory of your nursery stock

Coverage will begin 30 days after the application is signed; all reports are submitted (PIVR, CIVE, PIE) along with your Catalogs or Price lists.  Subject to carrier acceptance and eligibility requirements being met.

Contact AgSecure Insurance Services for a complete application packet with detailed instructions.

NURSERY CROP INSURANCE CONTINUED:
THE BASICS | CHOOSING COVERAGE | BEGINNING COVERAGE | LOSS EXAMPLES

This is a summary and does not reflect complete policy terms. For complete policy terms, go to http://www.rma.usda.gov/policies

This website provides limited information, and the information herein cannot be considered an offer or guarantee of insurance coverage.  Contact AgSecure for more information on programs in your area.