Hurricane and Tropical Storm Insurance Webinar

Hurricane Insurance Protection-Wind Index (HIP-WI) and the Tropical Storm Option are crop insurance tools used to help deliver prompt assistance to producers in hurricane-prone areas. These coverage options add to a farmer’s underlying policy with no additional paperwork or loss adjustment needed. HIP-WI and the TSO options generally pay within weeks following a hurricane or tropical storm. 

Producers can attend an upcoming webinar on May 14 to learn more about these tools and how they work following a qualifying storm. HIP-WI provides coverage for 70 different crops and is available in many states. It covers a portion of the deductible of the underlying crop insurance policy when a county or adjacent county is within the area of sustained hurricane-force winds. The Tropical Storm Option provides coverage for tropical storm weather events as defined by the Hurricane Data Provisions. 

For more information or to sign up, go to rma.usda.gov. 

(From the National Association of Farm Broadcasters)