Williamson Insurance Agency

“The Crop Insurance Specialists”

888-399-5276

1st Crop/2nd Crop Regulation Flow Chart

Wheat Claim Regulations and a 2nd Crop

 

The following regulations apply to ALL wheat policies, including MPCI, RA, CRC, GRP and GRIP.

  1. A notice of loss must be filed or a Multi-Crop Certification Agreement must be completed before a wheat field is destroyed.
    1. If you think you might (or know you will) destroy any part of a wheat crop, please call our agency to report a notice of loss.

                                                    i.     If you decide to not destroy the wheat you can easily withdraw your claim and resubmit it if there is a loss at harvest.

 

  1. There are specific 2nd crop regulations that you must understand.
    1. When there is a wheat loss:

                                                    i.      If no 2nd crop is planted, 100% of the wheat indemnity will be paid.

                                                  ii.     If a 2nd crop is planted but not insured, 100% of the wheat claim will be paid, but no coverage is available on the 2nd crop.

                                                iii.     If a 2nd crop is planted and is insured:

1.     35% of the wheat claim will be paid and the wheat premium will be reduced to 35%.

2.     If the 2nd crop does not have a claim, the remaining 65% of the wheat claim will be paid and the premium will be recalculated to 100%.

3.     If there is a claim on the 2nd crop, you will have the choice of:

a.      Keeping the 35% indemnity paid on the wheat and collecting the full indemnity on the second crop, or:

b.     If the total wheat claim is larger than the 2nd crop claim plus the 35% wheat claim previously paid, you can accept 100% of the wheat indemnity and forgo the 2nd crop indemnity. The 2nd crop premium will not be reduced.

 

  1. If a 2nd crop is planted, it must be recorded on the acreage report for the spring crops and it must be designated as following failed wheat, even if it is not insured.

 

  1. We have been informed by several FSA offices that notice should be filed with FSA before you destroy a wheat field or part of one.
    1. Proof of a planted crop must be provided to FSA before the crop is destroyed.

                                                    i.     Check with FSA for specific regulations.

 

  1. Again, if you are considering destroying insured wheat, please call our office to report a notice of loss.