WASHINGTON — Producers participating in federal crop insurance who in 2019 had a payable prevented planting indemnity related to flooding, excess moisture or causes other than drought will automatically receive a “top-up” payment.
The payment from their Approved Insurance Providers (AIPs) will arrive starting in mid-October.
Producers with Yield Protection and Revenue Protection with Harvest Price Exclusion will receive a 10% top-up payment, while producers with Revenue Protection will receive 15%. All producers with a 2019 prevented planting indemnity will receive the top-up.
AIPs will deliver payments as part of the Additional Supplemental Appropriations for Disaster Relief Act of 2019. After the initial payment, additional payments will be made in the middle of each month as more prevented planting claims are processed.
RMA received commitments from all 14 AIPs to deliver the top-up payments: ACE Property and Casualty (Rain and Hail) Insurance Co., American Agri-Business Insurance Co., American Agricultural Insurance Co., CGB Insurance Co., Church Mutual Insurance Co., Country Mutual Insurance Co., Farmers Mutual Hail Insurance Co., Great American Insurance Co., Hudson Insurance Co., NAU Country Insurance Co., Producers Agricultural Insurance Co., Rural Community Insurance Co., Stratford Insurance Co. and XL Reinsurance America Inc.