Producers Agriculture Insurance Company, Texas(TX)-A Guide for Farmers and Ranchers

Producers Agriculture Insurance Company: A Guide for Farmers and Ranchers

Farming is a risky business.

Farmers face many challenges such as weather, pests, diseases, market fluctuations, and more.

That’s why they need a reliable partner who can protect them from these uncertainties and provide them with financial security.

One such partner is Producers Agriculture Insurance Company (PAIC), a leading provider of crop and livestock insurance in the United States.

An image to Illustrate: Producers Agriculture Insurance Company
Producers Agriculture Insurance Company offers a wide range of crop and livestock insurance products and services to help you manage your risks and optimize your profits. Discover how PAIC can be your reliable partner for farming success/PHOTO COURTESY: ProAG

PAIC was founded in 1925 by a group of farmers who wanted to create a mutual insurance company that would serve their needs.

Since then, PAIC has grown to become one of the largest crop and livestock insurers in the country, covering more than 10 million acres of farmland and over 1 million head of livestock.

PAIC offers a wide range of products and services to help farmers manage their risks and optimize their profits.

Producers Agriculture Insurance Company Phone Number

If you want to contact PAIC, you can do so in any of the  following ways:

Office Name Location Phone Number
PAIC Amarillo Amarillo, Texas (806) 359-0945
PAIC Overland Park Overland Park, Kansas (913) 491-0999
PAIC Springfield Springfield, Illinois (217) 698-9000

 

Producers Agriculture Insurance Company Claims

PAIC strives to provide fast and fair claims service to its customers.

If you have a loss or damage to your crops or livestock, you should report it to your agent as soon as possible.

You can also file a claim online here or call the claims hotline at 1-800-366-2767.

PAIC will assign an adjuster to inspect your loss and determine the amount of indemnity you are entitled to receive.

Producers Agriculture Insurance Company Products and Services

PAIC offers a wide range of products and services to help farmers manage their risks and optimize their profits.

These include:

Crop Insurance

Crop insurance is a vital tool for farmers who want to protect their crops from natural disasters and market fluctuations.

It covers losses caused by drought, flood, hail, frost, fire, insects, disease, wildlife, and other perils.

Crop insurance also provides revenue protection, which guarantees a certain level of income based on the expected yield and price of the crop.

PAIC offers various types of crop insurance policies, such as:

  • Multi-Peril Crop Insurance (MPCI): This is the most common type of crop insurance, which covers losses due to multiple causes of loss. MPCI policies are subsidized by the federal government and are available for most major crops.
  • Crop-Hail Insurance: This is a private insurance product that covers losses due to hail damage. Crop-hail insurance can be purchased as a standalone policy or as a supplement to MPCI policies.
  • Named Peril Insurance: This is a private insurance product that covers losses due to specific causes of loss, such as fire, wind, or frost. Named peril insurance can be purchased as a standalone policy or as a supplement to MPCI policies.
  • Whole Farm Revenue Protection (WFRP): This is a federal insurance product that covers the revenue of the entire farm operation, including crops and livestock. WFRP policies are designed for diversified farms that grow multiple crops or raise different types of animals.

Livestock Insurance

Livestock insurance is another important tool for farmers who want to protect their animals from death, injury, or illness.

It covers losses caused by accidents, diseases, predators, theft, and other perils.

Livestock insurance also provides indemnity payments for reduced production or quality of milk, eggs, wool, or honey.

PAIC offers various types of livestock insurance policies, such as:

  • Livestock Risk Protection (LRP): This is a federal insurance product that protects livestock producers from price declines. LRP policies are available for feeder cattle, fed cattle, swine, and lamb.
  • Livestock Gross Margin (LGM): This is a federal insurance product that protects livestock producers from losses due to the difference between the market value of the livestock and the cost of feed. LGM policies are available for dairy cattle, swine, and cattle.
  • Mortality Insurance: This is a private insurance product that covers the death of livestock due to natural or accidental causes. Mortality insurance purchases can be for individual animals or groups of animals.
  • Major Medical Insurance: This is a private insurance product that covers the veterinary expenses of livestock due to illness or injury. Major medical insurance purchases can be for individual animals or groups of animals.

Why Choose PAIC?

PAIC is more than just an insurance company.

PAIC is a trusted partner for farmers who want to succeed in their business.

It offers many benefits to its customers, such as:

  • Expertise: PAIC has over 95 years of experience in providing crop and livestock insurance to farmers across the country. PAIC has a team of knowledgeable and professional agents who can help farmers choose the best policy for their needs.
  • Service: PAIC has a reputation for delivering fast and fair claims service to its customers. PAIC has a network of adjusters who can assess the damage and process the claims in a timely manner.
  • Innovation: PAIC is constantly developing new products and services to meet the changing needs of farmers. PAIC uses advanced technology and data analytics to provide farmers with accurate and timely information on their crops and livestock.
  • Education: PAIC commits to educating farmers about the benefits and options of crop and livestock insurance. PAIC conducts workshops, seminars, webinars, and newsletters to inform farmers about the latest trends and developments in the industry.

Producers Agriculture Insurance Company Reference Information

NAIC # California Company ID # Date Authorized in California License Status Company Type State of Domicile
34312 5005-4 12/29/2006 UNLIMITED-NORMAL Property & Casualty TEXAS

 

Producers Agriculture Insurance Company reviews

These are some of the reviews about Producers Agriculture Insurance Company:

Type of Insurance Coverage Options Benefits Drawbacks
Crop Insurance MPCI, Crop-Hail, Named Peril, WFRP Protects crops from natural disasters and market fluctuations May not cover all types of crops or losses
Livestock Insurance LRP, LGM, Mortality, Major Medical Protects livestock from death, injury, or illness May not cover all types of animals or diseases
Car Insurance Liability, Collision, Comprehensive, Uninsured/Underinsured Motorist, Medical Payments, Personal Injury Protection Protects car owners from financial losses due to accidents or theft May have high premiums or deductibles
Business Insurance Property, Liability, Workers’ Compensation, Business Interruption, Commercial Auto, Professional Liability Protects businesses from various risks such as lawsuits, property damage, employee injuries, or loss of income May have complex terms or exclusions

Conclusion

Producers Agriculture Insurance Company is a reliable partner for farmers who want to protect their crops and livestock from the risks and uncertainties of farming.

PAIC offers a wide range of products and services to help farmers manage their risks and optimize their profits.

It has a long history of expertise, service, innovation, and education in the crop and livestock insurance industry.

PAIC is more than just an insurance company. PAIC is a trusted partner for farmers who want to succeed in their business.

READ ALSO:

  • Prime Insurance Company, Illinois: Overview, Addresses, Finances, Services, Coverage, Claims, Legal Compliance & Customer Reviews
  • Does Business Insurance Cover Robbery? Here Is What You Need to Know Before It’s Too Late
  • Bearing Midwest Casualty Phone number, Address, Claims, Reviews, Ratings, Login, Owner
  • At-Bay Specialty Insurance Company(Delaware)Overview; Membership, Contacts, Claims, Finances, Rating Reviews, Complaints, Resolutions, Cooperate Responsibilities, Affiliates and Many More
Spread the love