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Re: Crop insurance ? for the brain trust


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Posted by GeneMO on February 24, 2016 at 13:11:25 from (71.51.203.52):

In Reply to: Crop insurance ? for the brain trust posted by Brown Swiss on February 24, 2016 at 11:06:41:

New producer status is designed to give someone starting out a better yield history.

So if they gave you that break, your yield is higher, meaning you were overpaid.

This all gets bounced off the USDA computers and I dont see any way you can get out of repaying it.

Short of claiming the agent made the mistake and going against his Errors and Ommissions coverage. Which they do not like to do as they have to pay a deductible.

When setting up the APH yields, they like to have the 4 most recent years, as that allows them to use a straight 4year average. Anything less than 4 years, and they have to plug in a "T" yield for each missing year (less than 4)

In your example, 2013 should have figured into the APH. It is always the 4 most recent years.

Good luck, Gene


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