Posted by paul on July 17, 2012 at 09:50:14 from (76.77.197.143):
In Reply to: mpci insurance posted by huskers86phone on July 17, 2012 at 08:28:55:
Back in the 80's, or was it early 90's, we needed real basic crop insurance to be in the farm program.
Signed up, the agent talked me into the $8.50 an acre coverage as it was so much better than the $7 coverage.
Had a very wet year, yield was around 50%, coulsd see that early on. Visited the agent, he turned around, got an orange paper he handed me, and it outlined how as a new user I'd be discounted 20% of 10% of the whole 80%, and there would be this cdiscount & that discount.
I took the paper home, figured itt out, and if I had zero yield, the most the insurance would pay me woulda been $18 an acre.
Funny he didn't know anything about that paper when I was signing up, just kept telling me I'd only need a 20% loss to start getting free money, soch a good deal.
I have a dim view of crop insurance and insurance agents since then.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.