Producers can further utilize their precision equipment and experience an easier claims process by using FMH Precision Claims, a solution offered only by Farmers Mutual Hail. Precision Claims use the precision data that is already being collected within a producer’s Farm Management Software (FMS) for claims settlement.
Benefits of Precision Claims
Faster Payment
The time required to validate a crop insurance claim is reduced when our claims adjuster utilizes the records directly from the producer’s precision system. Using precision data, adjusting a claim now takes a fraction of the time – a process that used to take three days could be reduced to as little as 30 minutes.
Easier Process
Only a few pieces of documentation are needed to complete a claim using precision data:
- Planting - Seeding Map
- Wet-Weight Yield and Moisture Map
- Calibration Report
Most Accurate
Have the confidence that the producer’s data is submitted accurately, consistently, and completely – which results in the most fair loss payment.
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Did You Know?Producers don’t have to report acreage or production via Automated Crop Reporting (ACR) to use Precision Claims. To be eligible, they just need to do the following:
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