Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm, crop revenue guarantee at the time of sign-up. This coverage uniquely addresses farmer’s concerns regarding price volatility, which has been extreme in recent years.
With TRC, farmers can choose from a range of dollar amounts per acre and payment limits that are appropriate for their farm and crop. By managing the risk and the effect on revenue per acre, TRC helps protect revenue, including Title I payments, when crop prices or yields are low.
TRC was developed by Watts & Associates, Inc. The coverage is being sold exclusively by Hudson Crop.
Total Revenue Coverage is a registered trademark of Watts & Associates, Inc., Billings, Mont.
Hudson Insurance Co. is a specialty insurer that offers a range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.
Headquartered in New York City with offices throughout the U.S. and an office in Vancouver, Canada, Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Co. and a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Co. Hudson Insurance Co. is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Co. and Hudson Excess Insurance Co.
Was this article valuable?
Here are more articles you may enjoy.