Precision Solutions: Traditional Claim vs. Precision Claim

  • September 29, 2017

Learn how a Precision Claim can be faster, more accurate, and more efficient than a traditional claim.

Planting the Seed - September 2017

What is a Precision Claim?
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Precision Claims are crop insurance claims that are adjusted by utilizing the data recorded by a farmer's precision farming technology. They can be adjusted using only a few pieces of documentation and records from their farm management software, and take only a fraction of the time to complete. Data is accurate, consistent, and complete — resulting in the most fair loss payment.

 

Traditional Claim vs. Precision Claim

In addition to more accurate data, Precision Claims are often faster, require less documentation, and are better organized than traditional claims methods. With better data organization, three year audits are also more efficient.

Claim Comparison Chart

Use ACR to Complete the Precision Solutions Experience
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The farmer does not need to report planting or production via Automated Crop Reporting (ACR) to use precision data for a claim, but the process is encouraged for a faster and more seamless overall crop insurance experience.