RISK MANAGEMENT
CROP
INSURANCE
DATES TO
REMEMBER
July 15
Acreage reports due for all
spring-planted crops.
Reports must be completed,
signed and received by
your agent by this date.
August 15
Premiums on spring
crops will be billed.
September 30
Sales closing date for fall-
planted crops. This is the last
day to make any changes to an
existing MPCI fall policy or to
create a new policy.
September 30
Premium/fees due on spring
crops.
October 31/November 15
Final plant date for wheat.
Contact your agent for details.
November 14
Production reporting deadline
for 2018 wheat crop.
November 15
Sales closing date and acreage
reporting for Pasture Rangeland
Forage Insurance (Rainfall
Index).
December 10
Insurance coverage ends on
spring crops.
December 15
Acreage reporting deadline
for fall planted crops. Reports
must be completed signed and
received by your agent by this
date.
20 HEARTBEAT | SUMMER 2018
Acreage Reporting
Reports are due July 15, 2018.
Federal Crop Insurance Corporation (FCIC) rules require accurate and
timely reporting. FCIC rules implement severe penalties for misreported
liability. Your liability is determined by the acreage shown on your report.
a few reminders to help you report correctly
• A multi-peril crop insurance (MPCI) policy requires you to report all
acreage of crops, both insurable and uninsurable, in which you have a
share. This also includes prevented and late planted acreage.
• Added land must be reported with farm numbers, legal descriptions
and shares. Please contact your agent as soon as possible prior to July
15 if you have crops planted on land that has not been planted to a
crop in the last three years. (Exceptions apply for ground coming
out of Conservation Reserve Program (CRP) within the last two
years.) A new breaking insurability request must be completed for
consideration for insurance.
• An acreage report must be signed and submitted for every policy even
if you have no share or zero acres to report for 2018.
• Providing the initial planting date for each field is required. If any
acreage was planted after the final plant date, these acres must be
reported separately due to the late plant reduction in guarantee.
• Prevented planting (PP) acres need to be shown on your report even
though you may have already reported a claim. If you have chosen to
file a PP claim, be sure to discuss with your agent and adjuster your
options for your total crop plan.
• Double check the pre-printed share percentages for each unit to make
sure they are still correct. Be sure to note any changes.
• Make sure your policy name is consistent with how you are
reporting to Farm Service Agency (FSA) and selling your grain.
• All acreage reports need to be completed, signed, dated and returned
to your agent no later than July 15, 2018. The report needs to be
signed by the policyholder or authorized representative for the policy
or entity.
• Any revisions to insured liability after July 15 have to be approved by
the insurance provider. In most cases, a request that raises liability
after July 15 will be denied. Review the acreage report being
submitted for accuracy.
• A schedule of insurance or summary of coverage will be sent to you
after your report has been received and processed. Please review this
information and notify us of any errors. Sometimes corrections can
be made or requested if an error is determined.
• Always contact your agent if you have any questions.
Note: Pending claims (replant, PP, etc.) cannot be paid until your acreage
report is completed and processed.