Saskatchewan crop insurance coverage increases
MELFORT, Sask. — Saskatchewan crop insurance coverage for 2021 will reach record levels due to higher commodity prices and increased yield coverage.
Deputy premier Donna Harpauer said crop insurance coverage will reach $273 up from $224. The average premium will increase to $8.59 per acre from $7.40 per acre. It means the average premium cost per dollar of coverage has dropped 42 per cent over the past 10 years.
Harpauer said the program has supported Saskatchewan producers with reliable coverage and exceptional customer service.
“We are committed to providing producers with the insurance programs they need, and the enhancements announced today build upon the current suite of programs,” Harpauer said.