Saskatchewan’s farmer-owned crop hail company paid out $103.6 million in claims last year, compared to $57.8 million in 2023.
Tag Archives hail insurance
Saskatchewan Municipal Hail paid out more last year
Hail claims were up in 2024 following severe storms in June and a busier than normal late August and September
Farmers spend money on hail coverage this year
Customers take out an average of $230 per acre and do it earlier than normal, a trend seen since ‘hectic’ 2021’ season
SASKATOON — Farmers have been active buyers of hail insurance the past three years, says an industry official. Interest in the product jumped after a “pretty hectic” 2021 hail season when there was plenty of crop damage, said Scott McQueen, chief operating officer of Palliser Insurance. Growers are also responding to the mounting costs of […] Read more
