This calculator provides an estimate based on your state’s average indemnity and indemnity per acre. For this reason, it is not a guarantee. Find your grid and view historical data based on your location using USDA's PRF support tool.
Pasture, Rangeland, Forage (PRF) insurance with Stockguard is designed to help you protect your cattle operation against forage loss caused by lack of precipitation.
How PRF Insurance Works
PRF insurance coverage is based on the National Oceanic and Atmosphere Administration Climate Prediction Center’s (NOAA CPC) rainfall index data to determine your area’s average precipitation.
When you use PRF, you don’t record your farm’s rainfall. Instead, averages are determined by using a grid system, in which each grid is approximately 17 by 17 miles. You will be entitled to an indemnity payment if your area experiences less rainfall than your trigger value, determined by your policy’s coverage level.
Benefits of PRF Insurance From Stockguard
- Flexible coverage plans. Create a policy that best fits your operation’s needs by selecting a coverage level between 70 and 90 percent. When NOAA CPC’s data shows that your grid received less rainfall than your covered index, you will be entitled to an indemnity.
- Customizable coverage periods. Select two intervals, which represent two-month periods when precipitation is most important to your operation.
- Protect your bottom line. Precipitation is essential to your operation’s future. During periods of low rainfall, PRF insurance protects your bottom line by helping to pay for extra feed costs.
Get Started With PRF With Stockguard
PRF insurance is available for producers across the United States. Don’t wait any longer to get started. Secure your operation’s future by signing up for a policy by December 1.
Connect with one of our dedicated agents to get started with a PRF policy with Stockguard today!