Pecans are insurable in Alabama, Arizona, Florida, Georgia, Mississippi, New Mexico, Oklahoma and Texas.
For pecan acreage to be insured, the trees must be grown in an orchard that is a minimum of 1 contiguous acre. Insurable trees must have produced a minimum of 600 pounds of in-shell pecans per acre in at least 1 of the previous 4 crop years, except that some states may allow a lower minimum production amount for native pecan trees through the special provisions. You must also insure all the pecan acreage (in which you have a share) in the county where your pecans are grown for harvest.
Pecan Insurance is available only in 2-year modules. You must stay in the
program for at least 2 consecutive years. Coverage begins on 2/1. Policies
automatically renew at the end of each 2-year coverage module unless the
producer notifies the agent in writing of their desire to cancel coverage (by
1/31 cancellation date).
For year of application, we will inspect all pecan acreage and notify the
policyholder of acceptance or rejection of their application no later than 30
days after SCD. Such inspection is a requirement of the policy.
Levels: 50% – 75% (in 5% increments)
(For all unit structures)
The information contained in this publication is for general purposes only and shall not modify the terms of any insurance policy. Please refer to policy information found in the actuarials for your commodity/plan type.