Actual Revenue History Insurance
What is Actual Revenue History (ARH) Insurance?
Actual Revenue History (ARH) insurance is designed to protect farmers from unexpected fluctuations in revenue due to market volatility or production risks. Unlike traditional crop insurance that focuses solely on production, ARH insurance covers both the quantity of cherries you produce and the revenue you generate, ensuring that your income is protected, even when market prices fall or yields drop.
How Actual Revenue History Insurance Works
ARH insurance is designed to protect both your crop yields and your income by covering revenue losses. The coverage is based on the revenue history of your farm, which is determined using several years of production and sales data. If your actual revenue falls below this average due to a decrease in yield or market prices, ARH insurance compensates you for the shortfall.
Yield Protection
If your cherry crop yield is lower than your historical average due to covered risks, the policy compensates for the lost production.
Revenue Protection
If cherry prices drop in the market, resulting in lower revenue, the policy covers the difference between your actual revenue and the average revenue based on your historical data.
Why Choose Alegria for Your Farm's ARH Insurance?
Alegria Insurance Services has a deep understanding of the unique challenges that cherry farmers face. We offer tailored Actual Revenue History insurance plans to ensure your farm is protected against the unpredictable nature of both crop yields and market prices. Here’s why Alegria is the right choice for your cherry farm:
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Customized Revenue Coverage
Our insurance policies are based on your farm’s historical revenue, ensuring your coverage reflects the realities of your specific operation.
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Expert Advisors
Our team has in-depth experience working with cherry growers and can provide expert advice on the best insurance solutions for your farm.
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Local Focus
We understand the specific risks associated with cherry farming, providing solutions that are well-suited to your local conditions.