Many farmers need to raise sums insured for stored crops and stocks such as feed and fertiliser.


Recent steep price rises mean that some will be under insured, which means the payout for any claim would be scaled back in proportion with that under insurance.

Recognising that stored produce prices vary, some insurers including NFU Mutual use special averaging conditions so that claim settlements for stored produce are not proportionally reduced as long as the sum insured is within 75% of the actual value of stored produce.