Pasture, Rangeland, and Forage insurance is based on the National Oceanic and Atmospheric Administration (NOAA) rainfall data reported for your specific area.
NOAA rainfall stations comprise a national network of stations scattered across the US to record and transmit weather data directly to the NOAA Climate Prediction Center (CPC).
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With Redd Summit Advisors, your land can be run through industry-leading software that analyzes and interprets your land’s rainfall data with respect to its coinciding grids to generate hundreds of thousands of coverage possibilities.
You are then able to choose a custom-built policy that strategically allocates your coverage to maximize PRF insurance’s potential benefit to your operation.
Before we dive into how rainfall data is collected on your PRF policy, understanding grid allocation and coverage intervals will be important.
Rainfall data is collected from the 4 weather reporting stations that are closest to the center of each grid in which you have placed your PRF coverage. Although it's important to note that each of these stations do not record daily, instead data is collected from a different station each day.
All we need to analyze your area’s rainfall data is your allotment address and the number of acres that you run on (remember they can be owned or leased!). You can receive a no-obligation policy preview by filling out our online form.
Or, you can call us at (435) 625-1022 to speak with an agent and find out exactly how it would work on your operation. You can also watch this “PRF Basics” webinar to learn more about the PRF insurance program.
Find out how PRF would perform on your land this year without having to sign up!
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