4-23 FB Nursery Insurance

 Nursery Growers Are Reminded of Upcoming Sales Closing Date for Insurance Coverage

      The USDA’s Risk Management Agency  advises Pacific Northwest nursery growers of the May 1, 2012 sales closing date for 2013 Nursery Multi-Peril Crop Insurance (MPCI) coverage. MPCI Nursery insurance provides protection for wholesale nurseries producing and marketing nursery plants grown in standard nursery containers or in the field.  Coverage is based on a plant inventory value report (PIVR) declaring a value of insurable plants (the lower of a nursery grower’s own prices or prices contained in a Plant Price Schedule maintained by USDA). 

Here’s USDA RISK MANAGEMENT AGENCY Contact: Jo Lynne Seufer: “New policy applications may be filled at any time; however, all applications, including those for new or amended coverage, are subject to a 30-day waiting period before commencement of coverage. Current nursery policyholders may request changes in coverage and prior to the May 1 sales closing deadline. Local crop insurance agents are available to provide program details that reflect the grower’s nursery inventory.  A list of crop insurance agents is available at all USDA Service Centers throughout the U.S. or at the website address: http://www3.rma.usda.gov/tools/agents/